Noun
variable cost (plural variable costs)
(accounting) A cost that changes with the change in volume of activity of an organization.
Variable costs of nuclear-generated electricity seem low.
Variable costs may actually vary with the number of shifts, the number of set-ups, or many other specific activities.
The Guide is much more comprehensive and informative, providing more aircraft types and models and including variable cost numbers for all models. Source: Internet
Fungicides, used to prevent the significant crop losses from fungal disease, can be a significant variable cost in wheat production. Source: Internet
Often operational efficiency is also greater with increasing scale, leading to lower variable cost as well. Source: Internet
Therefore, total variable cost for each coach was $300. Source: Internet
For example, organizations account for their public cloud service as an operational or variable cost rather than as a capital or fixed cost. Source: Internet