answersLogoWhite

0


Best Answer

No.

But:

ATC = AVC + AFC

Or

TC = VC + FC

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Are Fixed costs are the difference between total costs and average variable costs?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

The difference between fixed and variable inputs?

difference between fixed and variable inputs


What is the difference between average total costs and average variable costs?

Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.


What is the difference between fix and variable mortgages?

The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.


What is cost What is the difference between total cost and average cost?

Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.


What is the difference between a fixed resistor and a variable resistor?

its the colour of the fixed and the variable we define it by its power and name


What is the difference between a fixed second mortgage and one with a variable rate?

The difference between a fixed second mortgage and one with a variable rate is that fixed second mortgage has a fixed rate and is commonly thought of as safer than a mortgage with a variable rate.


What is difference between fixed overhead and variable overhead?

The difference between fixed overhead and variable overhead is that fixed overheads are the ones that do not change regardless and variable overheads are the ones that vary depending on the number of units that it produces. An example of fixed overhead is a managers salary.


What determines the difference between a variable and a fixed cost?

The relataionship of cost between the level of production is determine the fixed or variable cost if cost change with production level then it is variable cost otherwise fixed cost.


Difference between variable and fixed resistor?

Variable resistors means that a resistor which can change its resistance by control by any person or it self and fixed resistor means that it can not change its value.


What is the difference between variable overheads cost variance andfixed overheads cost variance?

Variable overhead cost variance is that variance which is in variable overheads costs between the standard cost and the actual variable cost WHILE fixed overheads cost variance is variance between standard fixed overhead cost and actual fixed overhead cost.


What is the relationship between Average variable cost Average fixed cost and marginal cost?

we can subtract the AVC and we will get the MC


Difference between semi variable costs and semi fixed costs?

a semi fixed cost moves upward in a step where semi variable cost begining at a given base level