variable costs

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Related to variable cost: Semi variable cost

variable costs

[′ver·ē·ə·bəl ′kȯsts]
(industrial engineering)
Costs which vary directly with the number of units produced; direct labor and material are examples.
References in periodicals archive ?
The lower dotted line indicates average variable cost at $30 per MWh; the small white dots along that line and the large 001 at $200 per MWh at 6,000 MWh supplied constitute the pre-.
To calculate the transfer price, we add the variable cost of $166.
The profit improvement algorithm starts with all railroad prices set equal to variable cost and systematically generates changes in prices for a given railroad that will increase its excess of revenues over variable costs.
The key parameter estimate needed for the subsequent estimates is the elasticity of employment (N) with respect to the ratio of fixed to variable costs (p).
Since the new protocol was instituted in January 1998, the ventilator rate has decreased, saving $292,000 in variable costs the first-year.
What we needed was a system that provided for the variable costs in our foundry.
The relevant range is the volume zone within which the behavior of variable costs, fixed costs, and prices can be predicted with reasonable accuracy.
The other purpose for the isozyme laboratory, screening for accession duplicates, facilitates the elimination of redundant accessions, thus reducing the variable cost of maintaining germplasm banks.
In the scenario just described, the variable cost of technologist labor increases in increments of $3,000 for each new technologist added to the staff.
The variable costs will decrease by $100 per participant.
In contrast, variable costs change with the number of campers enrolled.
Variable costs are those which fluctuate based on sales volume (or units sold/manufactured).
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