This drop in variable costs has helped to lift profit margins.
With the yen at these levels, Japanese exporters could not even cover their variable costs, let alone return a profit on sales in international markets.
Examples of common fixed costs are insurance and depreciation while variable costs include direct labor, raw materials and utilities.
They have to identify their variable costs, then calculate the money they can save or the new sales they can log adding technology.
Auto suppliers gained longer-term contracts, but paid a stiff price in terms of taking on more fixed costs and a constant struggle to match variable costs to price cuts.
The thing that worries us is that VisitScotland has substantial fixed costs and the only area where there are variable costs is in the marketing.
Definition of variable cost in US English:
variable cost
noun
A cost that varies with the level of output.
可变成本，变动成本
Example sentencesExamples
They have to identify their variable costs, then calculate the money they can save or the new sales they can log adding technology.
Examples of common fixed costs are insurance and depreciation while variable costs include direct labor, raw materials and utilities.
With the yen at these levels, Japanese exporters could not even cover their variable costs, let alone return a profit on sales in international markets.
The thing that worries us is that VisitScotland has substantial fixed costs and the only area where there are variable costs is in the marketing.
Auto suppliers gained longer-term contracts, but paid a stiff price in terms of taking on more fixed costs and a constant struggle to match variable costs to price cuts.
This drop in variable costs has helped to lift profit margins.