Semi-Variable Cost

(redirected from Semi-Fixed Costs)

Semi-Variable Cost

A cost for an individual or company that consists of a fixed base cost and another cost that changes from time period to time period. For example, suppose one's landlord rolls utility costs together with the rent. One's rent thus becomes a semi-variable cost because one pays the rent (a fixed cost) and the electric, gas, and water bills (variable costs) together with the same check.
Mentioned in ?
References in periodicals archive ?
9 per cent as semi-fixed costs such as cost of aircraft ownership, crew and overheads could not be reduced at the same rate as capacity.
3) Direct labor, as a percentage of net product sales, decreased largely due to the benefit of higher net pricing, lower average wage rates from labor optimization strategies and changes in pay practices of certain team members, and excellent labor controls, which more than offset sales deleveraging on fixed and semi-fixed costs.
In a deflationary spiral, firms with high operating leverage would likely lack the tools to respond quickly to weakening volumes and pricing by ratcheting down fixed or semi-fixed costs.
Gross margin in the fourth quarter was 31%, up from 24% in the fourth quarter of fiscal 2006, and was positively impacted by a favorable product mix and the spreading of fixed and semi-fixed costs over the higher revenue, which were partially offset by the increase in deferred profit.
The increase in costs is due to revenue mix and the semi-fixed costs related to the snubbing/workover business in the Gulf of Mexico and Venezuela, and to start-up expenses of $0.
Quarter-over-quarter, the cost increases are due to revenue mix and semi-fixed costs related to the hydraulic workover business in the Gulf of Mexico and Venezuela, and to start up expenses of $1.
The growth in margins as a percentage of revenue is due to an improved product mix and the spreading of fixed and semi-fixed costs over the higher sales volume.
The growth in margins as a percentage of revenue is due to an improved product mix and the spreading of fixed- and semi-fixed costs over the higher sales volume.
Overton said that bakery margin comparisons will likely continue to be under pressure until early next year principally as a result of the increases in fixed and semi-fixed costs associated with the new production facility, as well as higher dairy-related ingredient costs.
5 million on a pretax basis (or 9 cents per share on an after-tax basis) and consist of the following items: the timing and amount of restaurant pre-opening cost amortization unfavorably impacted pretax income comparisons by approximately $636,000, or 4 cents per share; pre-opening costs are fully amortized over the 12-month period following the restaurant openings; higher fixed and semi-fixed costs related to the estimated four-fold capacity increase of the new bakery production facility were approximately $438,000, or 3 cents per share; and, incremental operating expenses of a transitional nature were experienced with the new bakery production facility during the quarter which totaled approximately $398,000, or 2 cents per share.
The decline from prior year was the result of increased employee benefit expenses, higher freight costs and the impact of unfavorable leverage with lower volume on fixed and semi-fixed costs.