Tag: costs

Variable Cost-Plus Pricing

What is 'Variable Cost-Plus Pricing' Variable cost-plus pricing is a pricing method in which the selling price is established by adding a...
Variable Overhead Efficiency Variance

Variable Overhead Efficiency Variance

How Does Variable Overhead Efficiency Variance Affect Your Overhead Rate? There are two forms of overhead rate variation: Fixed overhead rate variance and Variable Overhead...

Variable Coupon Renewable Note (VCR)

Variable Coupon Renewable Note (VCR) What is 'Variable Coupon Renewable Note - VCR' A renewable fixed income security with variable coupon rates...

Variable Cost

What is a 'Variable Cost' A variable cost is a corporate expense that varies with production output. Variable costs are those costs...

Value Engineering

DefinitionValue engineering is a systematic method to improve the "value" of goods or products and services by using an examination of function. Value, as...
Variable Overhead Spending Variance

Variable Overhead Spending Variance

What is a Variable Overhead Spending Variance A variable overhead spending variance is the difference between the actual amount of variable overhead incurred and the...

Variable Benefit Plan

What is 'Variable Benefit Plan' A type of retirement plan in which the payout changes depending on how well the plan's investments...

Variable Overhead

What is a 'Variable Overhead' Variable overhead is the indirect cost of operating a business, which fluctuates with manufacturing activity. For example,...

Variable Price Limit

What is 'Variable Price Limit' A schedule of price variations above or below the accepted limits determined by the commodities exchanges for...

Value-Based Pricing

DefinitionValue-based price is a pricing strategy which sets prices primarily, but not exclusively, according to the perceived or estimated value of a product or...

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