Step-variable costs are expenses that remain constant over a range of activity levels but change when a threshold is crossed, resembling a staircase pattern. Unlike fixed costs, step-variable costs adjust in discrete increments rather than continuously. These costs are typically associated with resources that can be adjusted in chunks, such as labor or machinery. Understanding step-variable costs is crucial for budgeting and cost management.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
