Management Glossary

  Search Results: variable cost
variable cost
A cost that is directly associated with the production and sale of an individual unit product or service. Thus, variable costs varie in direct proportion to the number of units produced and sold. This contrast with fixed costs, which do not vary with volume.
Contributed by: ManagerWise Staff
See: fixed cost

Click on a letter to find terms starting with that letter:
0-9|A|B|C|D|E|F|G|H|I|J|K|L|M|N|O|P|Q|R|S|T|U|V|W|X|Y|Z\

You can also click here to see a list of all of the words in the glossary with links to the definitions.

Or, search the glossary:

Match: any word     all words

Help the Glossary Grow!

Click here
to add a definition. We credit contributors of accepted definitions with, at your option, an e-mail and/or Web link.