variable cost - Hutchinson encyclopedia article about variable cost Printer Friendly
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direct cost
(redirected from variable cost)

    Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.46 sec.

direct cost

Or 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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