always
Total Variable Cost = Number of Units * Variable cost per unit
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
To calculate the Total Cost without Total variable cost, one should estimate for the variables or substitute for the variables with a variable such as X or Y and then solve for the approximate total cost.
Selling price = Total Cost (Total Variable cost + Total fixed cost) + profit margin
Total Costs = Fixed Cost + Variable Cost soVariable Cost = Total Costs - Fixed Cost.
Total Variable Cost = Number of Units * Variable cost per unit
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
Variable cost = Total Cost/ fixed cost
Fixed cost and variable cost is equal to total cost as per following formula: Total Cost = Fixed Cost + Variable Cost
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
Variable cost per unit = Total variable cost / total number of units manufactured
To calculate the Total Cost without Total variable cost, one should estimate for the variables or substitute for the variables with a variable such as X or Y and then solve for the approximate total cost.
Selling price = Total Cost (Total Variable cost + Total fixed cost) + profit margin
Total variable cost can increase while the variable cost per unit remains constant if the total quantity of output produced increases. In this scenario, the variable cost per unit does not change, but since more units are being produced, the overall total variable cost rises. Conversely, if the output level stays the same, an increase in total variable cost would imply an increase in the variable cost per unit.
Total cost is determined by adding fixed costs and variable costs together. fixed cost + variable cost = total cost
If material cost is variable cost then yes by decreasing material cost company can reduce total variable cost.
Total Costs = Fixed Cost + Variable Cost soVariable Cost = Total Costs - Fixed Cost.