fixed cost(s)
101Semi variable cost — is an expense which contains both a fixed cost component and a variable cost component. The fixed cost element shall be a part of the cost that needs to be paid irrespective of the level of activity achieved by the entity. On the other hand the… …
102Semi-Variable Cost — A cost composed of a mixture of fixed and variable components. Costs are fixed for a set level of production or consumption, becoming variable after the level is exceeded. Also known as a semi fixed cost. This type of cost is variable in the… …
103semi-variable cost — An item of expenditure that contains both a fixed cost element and a variable cost element. Consequently, when activity is zero, the fixed cost will still continue to be incurred. For example, in the UK the cost of gas is made up of a standing… …
104semi-variable cost — An item of expenditure that contains both a fixed cost element and a variable cost element. Consequently, when activity is zero, the fixed cost will still continue to be incurred. For example, in the UK the cost of gas is made up of a standing… …
105Average variable cost — (AVC) is an economics term to describe the total cost a firm can vary (labor, etc.) divided by the total units of output.:frac{ ext{TVC{ ext{Output = ext{AVC}Where: * TVC = Total Variable Cost * AVC = Average Variable CostAverage variable cost… …
106Variable cost — A cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero. The New York Times Financial Glossary * * * variable cost variable cost ➔ cost1 * * * variable cost UK US noun [C] …
107variable cost — A cost that is directly proportional to the volume of output produced. When production is zero, the variable cost is equal to zero. Bloomberg Financial Dictionary * * * variable cost variable cost ➔ cost1 * * * variable cost UK US noun [C]… …
108standby cost — ➔ cost1 * * * standby cost UK US noun [C, usually plural] ► ACCOUNTING FIXED COST(Cf. ↑fixed cost) …
109Unit Cost — The cost incurred by a company to produce, store and sell one unit of a particular product. Unit costs include all fixed costs (i.e. plant and equipment) and all variable costs (labor, materials, etc.) involved in production. Unit cost is an… …
110on-cost — ˈon cost noun [countable] ACCOUNTING a cost in producing a product which does not change with the amount produced; = FIXED COST: • When price competition is at its keenest, the extra on cost that is entailed in the payment of an employee training …
