Common use of Variable Costs Clause in Contracts

Variable Costs. The variable costs are comprising the following elements: • Packaging costs • Feedstocks: • quantities by metering • unit price from stock values • market related value, including handling and storage’s costs, if any. • Raw materials and chemical products: • consumption as metered per period • unit price from stock values (Moving Average Price) • By-products: • quantities by metering • unit price related to market value • Utilities • consumption as metered by period or as agreed in the year budget • unit tariff