Quick Answer: What Is Total Cost Example?

What is the total cost of brain test?

Here’s the solution for Brain Test Level 107 Whats is the total cost.

Answer: The answer is 12.

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Different riddles testing will challenge your mind..

What is total cost and how is it calculated?

The formula is the average fixed cost per unit plus the average variable cost per unit, multiplied by the number of units. The calculation is: (Average fixed cost + Average variable cost) x Number of units = Total cost.

What type of cost is rent?

Rent expense is a type of fixed operating cost or an absorption cost for a business, as opposed to a variable expense. Rental expenses are often subject to a one- or two-year contract between the lessor and lessee, with options to renew.

Is rent a sunk cost?

A sunk cost refers to a cost that has already occurred and has no potential for recovery in the future. For example, your rent, marketing campaign expenses or money spent on new equipment can be considered sunk costs.

What are the 3 types of cost?

Types of costsFixed costs. Fixed costs are costs that do not vary with the level of output in the short term.Variable costs. A variable cost varies in direct proportion with the level of output. … Semi-variable costs. … Total costs. … Direct costs. … Indirect costs.

What is the formula for total cost?

The formula to calculate total cost is the following: TC (total cost) = TFC (total fixed cost) + TVC (total variable cost).

What is meant by average total cost?

In economics, average total cost (ATC) equals total fixed and variable costs divided by total units produced. … A firm’s total cost is the sum of its variable costs and fixed costs. Variable costs are costs which vary with change in output level.

What are the 4 types of cost?

Following this summary of the different types of costs are some examples of how costs are used in different business applications.Fixed and Variable Costs.Direct and Indirect Costs. … Product and Period Costs. … Other Types of Costs. … Controllable and Uncontrollable Costs— … Out-of-pocket and Sunk Costs—More items…•

What is the answer to Brain Test level 114?

Here’s the solution for Brain Test Level 114 His coffee has gotten cold. Answer: Put the mirrors like in the image hint so that the light of the flashlight reflects and goes into the cup and makes it hot. About Brain Test Game: “Brain Test is an addictive free tricky puzzle game with a series of tricky brain teasers.

What should we put at the question mark?

Here’s the solution for Brain Test Level 133 What should we put at the question mark. Answer: Each of these letters are the first digit of One, Two, Three, Four, Five, Six, Seven, Eight, Nine, The answer is “N”.

What do you mean by total cost?

Total cost refers to the total expense incurred in reaching a particular level of output; if such total cost is divided by the quantity produced, average or unit cost is obtained.

How is TVC calculated?

Add all variable costs required to produce one unit together to get the total variable cost for one unit of production. Multiply the variable costs for one unit of product by the total number of units produced. The sum of this calculation will give you the total variable cost.

How do you beat level 107 on brain out?

Answer: If you want one of the dreams to come true, choose all of the dreams with three fingers at the same time. About Brain Out Game: “What is your IQ level? Blow your mind with Brain Out and show to your friends that you are not completely stupid!