Step Variable Cost Definition
Step Variable Cost Definition:
A cost (such as the cost of a maintenance worker) that is obtainable only in large chunks and that increases and decreases only in response to fairly wide changes in the activity level.
Other Related Accounting Articles:
- High-Low Method
- Variable Cost Definition
- Activity Base Definition
- Ease of Adjustment Codes Definition
- Fixed Cost Definition
- Variable Overhead Efficiency Variance Definition
- Independent Variable Definition
- Activity Cost Driver
- Maintenance Margin
- Cost Volume Profit Analysis
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