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How do you calculate fixed cost given total cost and sales volume?
Fixed cost = total cost / sale volume
Suppose that you have been planning on processing 50 extra documnets this weekend for a total cost of 250. Given that the variable cost of processing one document is 1 what is hte total fixed cost ass?
To find the total fixed cost, we can use the formula for total cost, which is the sum of fixed costs and variable costs. The variable cost for processing 50 documents at $1 each is 50. Therefore, the total cost of $250 can be expressed as: Total Cost = Fixed Cost + Variable Cost, or $250 = Fixed Cost + $50. Solving for Fixed Cost gives us $250 - $50 = $200. Thus, the total fixed cost is $200.
How do you get the total cost?
Total cost is fixed cost + variable cost (TC=FC + VC)
Is this true that total costs are equal to fixed cost plus variable cost per unit?
No fixed costs do not change where variable do depending on market and amount ordered among other varies.
How do you calculate variable cost?
Variable cost = Total Cost/ fixed cost
How can one determine the variable cost when given the fixed cost in a business scenario?
To determine the variable cost in a business scenario when given the fixed cost, you can subtract the fixed cost from the total cost. Variable costs are expenses that change based on the level of production or sales, while fixed costs remain constant regardless of production levels. By subtracting the fixed cost from the total cost, you can isolate the variable cost component.
Why a fixed cost is said to be fixed?
those are the things that remain constant.
How do you calculate your variable cost and fixed cost given total costs and sales volumes?
Total Costs = Fixed Cost + Variable Cost soVariable Cost = Total Costs - Fixed Cost.
What does the vertical distance between the fixed Cost and the total cost curve represent?
total variable cost
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
How is the average fixed cost determined in economics?
The average fixed cost in economics is determined by dividing the total fixed costs by the quantity of output produced. This calculation helps businesses understand the cost per unit of production that remains constant regardless of the level of output.
How do you calculate fixed cost given total cost and sales volume?
Fixed cost = total cost / sale volume
The average fixed cost curve is constant?
Yes.
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
How do you determine total costs?
Total cost is determined by adding fixed costs and variable costs together. fixed cost + variable cost = total cost
Suppose that you have been planning on processing 50 extra documnets this weekend for a total cost of 250. Given that the variable cost of processing one document is 1 what is hte total fixed cost ass?
To find the total fixed cost, we can use the formula for total cost, which is the sum of fixed costs and variable costs. The variable cost for processing 50 documents at $1 each is 50. Therefore, the total cost of $250 can be expressed as: Total Cost = Fixed Cost + Variable Cost, or $250 = Fixed Cost + $50. Solving for Fixed Cost gives us $250 - $50 = $200. Thus, the total fixed cost is $200.
What is a cost that remains constant in a total at various levels of activity?
This is called a fixed cost.In economics, fixed costs, are business expenses that are not dependent on the level of goods or services produced by the business.
