When cooperatives are growing, retail rates that don't properly reflect cost causation and that deviate from accepted ratemaking principles still may recover enough of the cooperative's fixed cost and margin to meet the cooperative's financial obligations and avoid financial difficulties.
What does FC stand for?
FC stands for Fixed Cost
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
See other definitions of FC
We have 108 other meanings of FC in our Acronym Attic
- Finnish Chemicals (Kemira affiliated company, Finland)
- Fire Command
- Fire Control
- First Class
- First Contact
- First Cymru (travel company, Wales, UK)
- Fish Camp (Texas A&M University)
- Fish Commission
- Fishermen's Cooperative (Philippines)
Samples in periodicals archive:
A low C/S ratio signifies that a company has a low proportion of fixed costs and a high C/S ratio signifies that it has a high proportion of fixed costs.
Fixed cost insurance programs This type of insurance is only available for businesses and is relatively new.
Assumption # 7: Labor Is a Fixed Cost Some organizations simply allocate care staff to their properties based on the size of the property.
Staff is also' largely a fixed cost at least for several months at a time if not longer: teachers are added for each new classroom, not for each new student.
The result is that, in addition to the inability to report profitability on both a variable (revenue less all variable costs including non-manufacturing variable costs) and full (revenue less variable and fixed costs including non-manufacturing fixed costs) cost basis, the software isn't able to measure the true profitability of individual castings or customers.
The fixed cost does not change with volume; however, the fixed cost per test fluctuates as volume changes.