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Variable costs (Cfcav)

Definition
Costs of a production process that increase or decrease along with changes in level of production, as opposed to fixed costs. (Source: www.facsnet.org/index.php)
Broader Term
Types of costs (Cfca)
Related Terms (Hierarchical)
Operating costs (Cfcab)
Capital costs (Cfcac)
Direct costs (Cfcad)
Fixed costs (Cfcaf)
Indirect costs (Cfcaj)
Labor costs (Cfcak)
Marginal costs (Cfcam)
Overhead costs (Cfcap)
Unit costs (Cfcau)