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variable cost
(redirected from Direct cost)

    Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.01 sec.

variable cost

Cost of production materials, fuel, and so on which varies directly with the volume of output. For example, steel is a direct cost for a car manufacturer because if twice the number of cars are produced, twice the amount of steel will be used in the production process.



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? Mentioned in ? References in periodicals archive
 
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