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Total cost = cost per unit x units produced
or
Total cost = cost per unit x units sold
or
Fixed costs + Variable costs
What else can I help you with?
What is formula of apportioned cost?
The formula for apportioned cost is: Apportioned Cost = Total Cost × (Cost Driver for specific department ÷ Total Cost Driver for all departments)
Is total cost different from overhead cost?
Overhead cost is part of total cost and not different from total cost as formula is as follows: Total cost = material cost + labor cost + overhead cost
Formula for total variable cost?
Total Variable Cost = Number of Units * Variable cost per unit
Fixed cost variable cost equals?
Fixed cost and variable cost is equal to total cost as per following formula: Total Cost = Fixed Cost + Variable Cost
What is the formula for calculating total cost?
well if your talking about the total cost in economics, than it would be profit=TC-TR TR- total revenue TC- Total cost
What is the total cost formula?
Total cost = cost per unit x units produced or Total cost = cost per unit x units sold or Fixed costs + Variable costs
Does total cost equal the fixed cost plus the vriable cost divides by volume?
Formula for Total Cost: Fixed Cost + Variable Cost + Semi-Variable Cost if there is no semi-variable cost then fixed cost + variable cost is a total cost. if we devide the total cost with volume as well then it will be cost per unit not total cost
Which formula in excel can i use to find the total cost of items?
The "Sum" formula works best.
What is the formula to find out cost of deposit?
The cost of a deposit can be calculated using the formula: Cost of Deposit = (Interest Paid / Total Deposits) x 100. This formula gives the cost as a percentage, reflecting the interest expense incurred on the total deposits held. It helps financial institutions assess the efficiency of their funding sources.
What is the formula to find the average variable cost?
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
What is the formula for Total Revenue and Total Cost?
Total revenue equals the sale price of products multiplued by the total amount of units sold
How do you calculate breake even sales knowing only total sales and variable cost and fixed cost?
Formula for breakeven point = Fixed Cost / Contribution margin Contribution margin = Total Sales - variable cost SO using above mentioned formula break even sales can be found.
