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fixed and variable costs

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14y ago

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What is sum of production cost?

The total cost of producing a widget.


What is a another word for cost?

sum total


What is gross development cost?

total cost of a project. It is the sum of all finance being used


Define average total cost?

Average total cost is the sum of all the production costs divided by the number of units produced.


The total cost is the sum of what?

When you see TC = Total Costs on a break even chart it stands for Variable, Semi-variable and fixed costs....thus the total cost.


What is transportation cost and how can you establish what the total cost is?

Transportation cost is basically cost to operate a transportation vehicle and its maintenance costs. The total cost of transportation would then be the sum of all the components that relate to vehicle of travel.


Which formula in excel can i use to find the total cost of items?

The "Sum" formula works best.


What is the total cost of the vehicle including the CPO fee?

The total cost of the vehicle, including the Certified Pre-Owned (CPO) fee, is the sum of the vehicle's price and the CPO fee.


WHAT IS FORMULA OF AVERAGE?

SUM/TOTAL


You have Microsoft Excel 2007 version you need to have your total cost column to calculate the cost from two columns How do you do this procedure?

Use the SUM function and separate each range with a comma.EXAMPLE:=SUM(A1:A23,B1:B23)


What is the relationship between marginal cost and total cost in the production process?

Marginal cost is the additional cost incurred by producing one more unit of a good or service. It is calculated by dividing the change in total cost by the change in quantity produced. Total cost, on the other hand, is the sum of all costs incurred in producing a certain quantity of goods or services. The relationship between marginal cost and total cost is that marginal cost affects the total cost by showing how much the cost increases when producing additional units. When marginal cost is less than average total cost, total cost decreases. When marginal cost is greater than average total cost, total cost increases.


What is the difference between the sum and the total?

what is the meaning of sum? and total