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Home > QFINANCE Dictionary > Definition of variable costing

Definition of

variable costing


accounting system treating variable and fixed costs differently the accounting system in which variable costs are charged to cost units and fixed costs of the period are written off in full against the aggregate contribution. Its special value is in recognizing cost behavior, and hence assisting in decision making.

Related definitions of "variable costing"

Definitions of ’variable costing’ and meaning of ’variable costing’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’variable costing’ and other financial terms with our online QFINANCE Financial Dictionary.

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