semi-variable cost

  • 1Semi 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… …

    Wikipedia

  • 2semi-variable cost — /ˌsemi ˌveəriəb(ə)l kɒst/ noun money paid to produce a product which increases, though less than proportionally, with the quantity of the product made ● Stepping up production will mean an increase in semi variable costs. Also called semi fixed… …

    Dictionary of banking and finance

  • 3semi-variable cost — /ˌsemi ˌveəriəb(ə)l kɒst/ noun money paid to produce a product which increases, though less than proportionally, with the quantity of the product made ● Stepping up production will mean an increase in semi variable costs …

    Marketing dictionary in english

  • 4Semi-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… …

    Investment dictionary

  • 5semi-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… …

    Accounting dictionary

  • 6semi-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… …

    Big dictionary of business and management

  • 7semi-variable cost — An item of expenditure that has elements of both *fixed and *variable costs. For example, the cost of gas supply tends to comprise a fixed charge, irrespective of the level of usage, and a variable element linked to the level of consumption …

    Auditor's dictionary

  • 8semi-fixed cost — /ˌsemi fɪkst kɒst/ noun same as semi variable cost …

    Dictionary of banking and finance

  • 9semi-fixed cost — An alternative term for *semi variable cost …

    Auditor's dictionary

  • 10Variable cost — Decomposing Total Costs as Fixed Costs plus Variable Costs. Variable costs are expenses that change in proportion to the activity of a business.[1] Variable cost is the sum of marginal costs over all units produced. It can also be considered… …

    Wikipedia

  • 11variable cost — An item of expenditure that, in total, varies directly with the level of activity achieved. For example, direct materials cost will tend to double if output doubles, a characteristic being that it is incurred as a constant rate per unit. In… …

    Accounting dictionary

  • 12variable cost — An item of expenditure that, in total, varies directly with the level of activity achieved. For example, direct materials cost will tend to double if output doubles, a characteristic being that it is incurred as a constant rate per unit. In… …

    Big dictionary of business and management

  • 13cost behaviour — The changes that occur to total costs as a result of changes in activity levels within an organization. The total of the fixed costs tends to remain unaltered by changes in activity levels in the short term, whereas the total of the variable… …

    Accounting dictionary

  • 14cost behaviour — The changes that occur to total costs as a result of changes in activity levels within an organization. The total of the fixed costs tends to remain unaltered by changes in activity levels in the short term, whereas the total of the variable… …

    Big dictionary of business and management

  • 15Cost accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …

    Wikipedia

  • 16Cost — This article is about the economic concept. For the scientific organization, see COST. For uses of The Cost , see The Cost (disambiguation). Expenditure redirects here. For personal consumption expenditure, see Consumption (economics). In… …

    Wikipedia

  • 17Semi-submersible — For semi submersible boats used for drug smuggling, see Narco submarine. Deepsea Delta semi submersible drilling rig in North Sea …

    Wikipedia

  • 18Total cost — In economics, and cost accounting, total cost (or total costs) describes the total economic cost of production and is made up of variable costs, which vary according to quantity produced such as raw materials, plus fixed costs, which are… …

    Wikipedia

  • 19Fixed cost — Fixed costs are business expenses that are not dependent on the level of production or sales. They tend to be time related, such as salaries or rents being paid per month . This is in contrast to Variable costs, which are volume related (and are… …

    Wikipedia

  • 20step cost — A cost that is fixed (or that is only slightly variable) over relatively small ranges of activity, but which increases at intervals by significant amounts. For example, a manufacturing process may require additional floor space at various levels… …

    Auditor's dictionary