answersLogoWhite

0

What else can I help you with?

Related Questions

How do you calculate total vaiable cost per unit?

Total Variable Cost divided by Quantity of Output


How can one calculate the average cost in economics?

To calculate the average cost in economics, you divide the total cost by the quantity of goods produced. This gives you the cost per unit, which is the average cost.


How do you calculate the weighted average unit cost for a product or service?

To calculate the weighted average unit cost for a product or service, you multiply the quantity of each item by its cost, add up these values, and then divide by the total quantity. This gives a more accurate average cost considering the different prices of items.


How do you calculate unit cost as you increase production?

Increase in cost: take the first derivative with respect to the unit produced of a cost function. Total cost: sub-in the new quantity into the cost function.


How do you calculate the holding cost in the Economic Order Quantity (EOQ) model?

The holding cost in the Economic Order Quantity (EOQ) model is calculated by multiplying the holding cost per unit by the average inventory level. The holding cost per unit is the cost to store one unit of inventory for a certain period of time, and the average inventory level is half of the order quantity.


How does a firm calculate marginal cost?

In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit.


How does firm calculate margin cost?

In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit.


How do you calculate the average fixed cost for a business?

To calculate the average fixed cost for a business, you divide the total fixed costs by the quantity of output produced. This gives you the fixed cost per unit of output.


What are the parts of market list?

item actual cost estimated cost unit quantity description


Rate for one unit of a given quantity?

it is a unit rate


What is the method to calculate average fixed cost in economics?

To calculate average fixed cost in economics, you divide total fixed costs by the quantity of output produced. This gives you the average fixed cost per unit of output.


How can one calculate the average fixed cost for a business?

To calculate the average fixed cost for a business, you divide the total fixed costs by the quantity of output produced. This gives you the cost per unit of fixed expenses incurred by the business.