Total Variable Costs definition

Total Variable Costs has the meaning given in Paragraph 1.4 of Schedule 3 (Calculation of Base Cost Unit Estimate);
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Total Variable Costs means the aggregate cost of the items listed on Schedule III attached hereto and incorporated herein by this reference as determined annually in good faith by Terminal Company for the twelve months ending each March 31.
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Examples of Total Variable Costs in a sentence

  • Item Quantity Unit Price Total INCOME Crop/Product #1 Crop/Product #2 Crop/Product #3 Crop/Product #4 TOTAL INCOME EXPENSES Variable Costs Seed Soil Amendments Pesticides (NOP guidelines) Materials Row Cover Irrigation infrastructure Mulch Marketing materials Tools Services Labor Soil testing Electricity Total Variable Costs Fixed Costs Annual operating fee Lease costs Total Fixed Costs Cash Flow StatementA cash flow statement divides income and expenses into a month by month basis.

  • Feed Pasture (hay equiv)11.8 ton$35ton$63 Total Variable Costs $63 Fixed CostsLabor Charge 1 hr.

  • Search Costs ($/tonne) Sales Agent Costs2.880.580.062.88 Total Variable Costs =1+2+3 12.79 3.94 1.95 16.18 6.56 4.40Source: Author's estimates and calculations.Other than the sales costs involved in this option, the transaction costs in this option only differ from Market Option A in that, instead of WCE and brokerage fees, there are commission costs involved in this option.

  • Finally, the Net Field Revenue (NFR) was determined by subtracting the Total Variable Costs (TVC) per hectare from the gross revenue per hectare as summarized in the equation below: Gross field revenue (GFR) = Yield of produce × its market price (1) Net Field Revenue (NFR) = Total Variable Costs (TVC) - Gross field revenue (GFR) (2)Table 1.

  • Whilst the percentage improvement in the average egg price between 2007 and 2008 was actually greater than the increase in Gross Output, a reduction to average flock size, and a slight fall in eggs produced per bird, largely offset better egg returns Total Variable Costs went up by 11.2% to £324,109 per farm amongst which feed comprising 91.7% of all these costs increased by 12.7% to £297,087 per farm.

  • Probably, for this reason in the recent ECIR 2007 and SIGIR 2007, the authors of three poster papers preferred the more neutral expression ‘document type’ (Yeung et al., 2007a; Xu et al., 2007; Yeung et al.; 2007b), rather than the overwhelmingly engaging ‘genre’.

  • It is mathematically expressed as;GM = GFI – TVCWhere;GM = Gross Margin (Naira/Ha) GFI = Gross Farm Income (Naira)TVC = Total Variable Costs (Naira/Ha) AndNFI = GM – FCWhere;NFI = Net Farm Income (Naira/Ha) TFC = Fixed Cost (Naira/Ha) Other financial metrics we will track include:Gross Ratio: is the total cost of production divided by the gross revenue.

  • The case studies in this report demonstrate that assisted living services can be successfully integrated into subsidized housing projects for older persons.

  • TC = TFC + TVCTC = Total Fixed Costs (TFC) + Total Variable Costs (TVC).

  • According to Jatto (2012), the mathematical notation for gross margin was presented as:GM = TR – TVC Where: GM- Gross Margin TR- Total RevenueTVC- Total Variable Costs The total revenue is the total quantity or number that the smallholder cattle farmer is selling multiplied by the price of that quantity, taking into account that prices for cattle differ from breed to breed (i.e. bulls, cows, oxen and calves).

Related to Total Variable Costs

  • Variable Costs means the Train Operator’s costs which vary as a result of a Category 3 Disruption, a Relevant Cancellation or a Relevant Service Variation (as the case may be) arising directly from changes in train mileage including staff, maintenance, fuel or electricity costs, and the Variable Charge.

  • Total Revenues means revenues from all taxes and fees, excluding revenue from funds managed by local government on behalf of a specific third party, and does not include the proceeds from borrowing or asset sales.

  • Cost price means the actual cost of an item or article of tangible personal property computed in the

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Variable Charge means the charge that varies according to kgtm and is calculated in accordance with the formula set out in paragraph 2.2.1, summed across all Services;

  • Deactivation Avoidable Cost Rate means the formula rate established pursuant to Tariff, Part V, section 115 of this Tariff.

  • Fixed Costs means costs which do not vary with consumption or volume produced;

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114.

  • Maximum allowable cost list means a list of drugs for

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

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  • Variable Interest Rate means any interest rate that does not qualify as a fixed credit interest rate;

  • Allowable cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • forecast prices and costs means future prices and costs that are:

  • Gross Margin With respect to each Adjustable Rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note that is added to the Index on each Adjustment Date in accordance with the terms of the related Mortgage Note used to determine the Mortgage Rate for such Mortgage Loan.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Capitation rate means the fee the department pays monthly to an HMO for each enrolled recipient for the provision of covered medical and health services whether or not the enrolled recipient received services during the month for which the fee is intended.