Variable costs are costs that change in proportion to the good or service that a business produces. Variable costs are also the sum of marginal costs over all units produced. They can also be considered normal costs. Fixed costs and variable costs make up the two components of total cost. Direct costs, however, are costs that can easily be associa...
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http://en.wikipedia.org/wiki/Variable_cost
The portion of a firm or industry's cost that changes with output, in contrast to fixed cost.
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http://www-personal.umich.edu/~alandear/glossary/v.html
(from the article `accounting`) Unit cost under variable costing represents the average variable cost of making the product. Compared to the average full cost, the average variable ... ...fixed cost—e.g., the costs of a building lease or of heavy machinery—does not vary with the quantity produced and, in the short run, does no...
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http://www.britannica.com/eb/a-z/v/8
A cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero.
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http://www.duke.edu/~charvey/Classes/wpg/bfglosv.htm
A cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero.
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http://www.encyclo.co.uk/local/20047
Cost, Variable.
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http://www.encyclo.co.uk/local/20108
Investment contracts whose issuer pays a periodic amount linked to the investment performance of an
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http://www.encyclo.co.uk/local/22402
In business, costs which vary according to the changes in activity, production, etc. of the company, such as overheads, labour and material costs
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http://www.encyclo.co.uk/local/22643
A producers cost that varies as production varies, in contrast to fixed costs. Rent is an example of... <a target=_blank href='http://www.finance-glossary.com/terms/variable-cost.htm?id=13067&ginPtrCode=00000&PopupMode=false' title='Read full definition of variable cost'>more</a>
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Any costs that vary with the level of production. For example, materials directly used to produce a product are variable costs. The more product produced, the more materials needed to produce the product.Â
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https://www.encyclo.co.uk/local/20551
Cost of production materials, fuel, and so on which varies directly with the volume of output. For example, steel is a direct cost for a car manufacturer because if twice the number of cars are produced, twice the amount of steel will be used in the production process
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https://www.encyclo.co.uk/local/21221
(ITIL Service Strategy) A cost that depends on how much the IT service is used, how many products are produced, the number and type of users, or something else that cannot be fixed in advance.
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https://www.encyclo.co.uk/local/22879
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