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The formula for Total Cost is TC (total cost) = TVF (total variable cost) + TFC (total fixed cost).

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โˆ™ 2014-11-19 18:35:58
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Q: What is the formula for total cost?
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Related questions

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


what 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 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 total manufacturing cost per unit formula?

Total manufacturing cost per unit formula is F plus V divided by U equals cost per unit. F is fixed cost, V is variable cost, and U is number of units produced.


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


What are the formula to calculate staff cost percentages?

It is 100*staff costs/total costs.

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