What is another word for variable cost?

Pronunciation: [vˈe͡əɹɪəbə͡l kˈɒst] (IPA)

The term "variable cost" refers to costs that fluctuate based on the production level or sales volume of a business. Some synonyms for this term include flexible costs, direct costs, incremental costs, and marginal costs. These expenses are often related to raw materials, direct labor, or other expenses that increase or decrease based on the production level. Understanding variable costs is critical for businesses to determine their break-even point and make informed decisions about pricing and profitability. By identifying and managing variable costs, businesses can ultimately optimize their financial performance and achieve long-term success.

What are the hypernyms for Variable cost?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for variable cost?

The term 'variable cost' refers to expenses that fluctuate in direct proportion to the level of production or sales volume. The opposite of variable cost is fixed cost. Fixed costs are expenses that do not change regardless of the level of production or sales volume. Some common examples of fixed costs include rent, salaries, and insurance premiums. Unlike variable costs, fixed costs remain constant over a period of time, making them easier to budget and forecast. By identifying and understanding the difference between variable and fixed costs, organizations can better control their expenses and make more informed decisions.

What are the antonyms for Variable cost?

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