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Variable cost

noun
Word Frequency: 1.1

Definitions

1.nounA cost that changes with the change in volume of activity of an organization.
"Variable costs may actually vary with the number of shifts, the number of set-ups, or many other specific activities."

Synonyms

accounting costfixed costcost functioncost centercost objectcontingency costcost objectiveoperating costcostingcost centreunit coststock variable
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