answersLogoWhite

0

Marginal cost is the increase or decrease in the total cost of a production run for making one additional unit of an item.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

How is a maginal cost determined?

The marginal cost of demand can be determined by two ways: 1) Taking the derivative of a cost function. This function express the rate of change of the cost function per unit produced. 2) Manually finding the change in production cost as production changes from one unit to the next. For example, if Walmart can produce tables for ten cents cheaper per unit produced, then its marginal cost is -$0.1.


What describes a situation in which there would be decreasing maginal utility?

buying a second winter coat


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


Is fire a selling cost manufacturing cost direct manufacturing cost indirect administraitve cost fixed cost or variable cost?

Is fire a selling cost, direct manufacturing cost, indirect manufacturing cost, administrative cost, foxed cost or variable cost.


What are the types of cost center?

Production cost centerpersonal cost centerservice cost centeroperation cost centerimpersonal cost centerprocess cost center


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


Is janitorial cost a variable cost?

No, Janitorial Cost is not a variable cost, it is a Fixed Cost.


What is the selling price of a jacket that is 156 the profit is 30 percent of the cost what is the price?

Selling price = Cost + Profit= Cost + Cost*30% = cost*(1.30) = 156*1.3 = 202.80Selling price = Cost + Profit= Cost + Cost*30% = cost*(1.30) = 156*1.3 = 202.80Selling price = Cost + Profit= Cost + Cost*30% = cost*(1.30) = 156*1.3 = 202.80Selling price = Cost + Profit= Cost + Cost*30% = cost*(1.30) = 156*1.3 = 202.80


Difference between histotical cost and standard cost?

Standard cost is the cost which is basis to measure the actual cost historical cost is the initial cost


Is direct material a selling cost?

is direct cost a? Selling cost, manufacturing costs, direct, manufacturing cost indirect, general and administrative cost, fixed cost , variable cost, is direct cost a? Selling cost, manufacturing costs, direct, manufacturing cost indirect, general and administrative cost, fixed cost , 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


What is the difference between the ordering cost and carrying cost?

Ordering cost is the cost to get it here. Carrying cost is the cost to keep it here.