Fixed Cost Solution

STEP 0: Pre-Calculation Summary
Formula Used
Fixed Cost = Total Cost-Total Variable Cost
FC = Tc-TVC
This formula uses 3 Variables
Variables Used
Fixed Cost - Fixed Cost are the cost that does not change with an increase or decrease in the number of goods or services produced or sold.
Total Cost - Total Cost refers to the cost of equipment at sight, which includes the unloading and loading charges etc.
Total Variable Cost - Total Variable Cost refers to the cost which varies when the output varies or changes.
STEP 1: Convert Input(s) to Base Unit
Total Cost: 3500 --> No Conversion Required
Total Variable Cost: 1500 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
FC = Tc-TVC --> 3500-1500
Evaluating ... ...
FC = 2000
STEP 3: Convert Result to Output's Unit
2000 --> No Conversion Required
FINAL ANSWER
2000 <-- Fixed Cost
(Calculation completed in 00.004 seconds)

Credits

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NSS College of Engineering (NSSCE), Palakkad
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9 Economics of Project Management Calculators

Selling Price
Go Selling Price = (Fixed Cost+Variable Cost per Unit*Volume of Output)/Volume of Output
Volume of Output
Go Volume of Output = Fixed Cost/(Selling Price-Variable Cost per Unit)
Profit for Total Expenses
Go Cost of Profit = Total Revenue-(Fixed Cost+Total Variable Cost)
Total Revenue
Go Total Revenue = Cost of Profit+(Fixed Cost+Total Variable Cost)
Contribution per Unit
Go Contribution Margin per Unit = Selling Price-Variable Cost per Unit
Total Variable Cost
Go Total Variable Cost = Total Cost-Fixed Cost
Total Cost
Go Total Cost = Fixed Cost+Total Variable Cost
Fixed Cost
Go Fixed Cost = Total Cost-Total Variable Cost
Total Cost given Profit
Go Total Cost = Total Revenue-Cost of Profit

Fixed Cost Formula

Fixed Cost = Total Cost-Total Variable Cost
FC = Tc-TVC

What are the two categories of Construction Economic Problems?

Economic studies are concerned with the difference in economic results from alternative courses of action. In general, we can classify construction economic problems into the following two types.
1 Primary economic comparison: It implies all the factors influencing the decision are already present. The effects of time are usually irrelevant. It can be further subdivided into two types:
i. Present Economic Studies
ii. Break-even analysis
2 Time-based studies: Time-based studies deal with cash flow forecasting and investment appraisal.

What is the Cost & type of Profits?

Cost is typically the expense incurred for making a product or service that is sold by a company. Price is the amount a customer is willing to pay for a product or service. The cost of producing a product has a direct impact on both the price of the product and the profit earned from its sale.
Businesses use three types of profit to examine different areas of their companies. They are gross profit, operating profit, and net profit.
Gross Profit: Gross profit subtracts the cost of goods sold (COGS) from total sales.
Operating Profit: Operating profit includes both variable and fixed costs.
Net Profit: Net profit includes all costs. It's the most accurate representation of how much money the business is making.

How to Calculate Fixed Cost?

Fixed Cost calculator uses Fixed Cost = Total Cost-Total Variable Cost to calculate the Fixed Cost, The Fixed Cost formula is defined as the cost that remains fixed irrespective of the changes in the total output. Fixed Cost is denoted by FC symbol.

How to calculate Fixed Cost using this online calculator? To use this online calculator for Fixed Cost, enter Total Cost (Tc) & Total Variable Cost (TVC) and hit the calculate button. Here is how the Fixed Cost calculation can be explained with given input values -> 2000 = 3500-1500.

FAQ

What is Fixed Cost?
The Fixed Cost formula is defined as the cost that remains fixed irrespective of the changes in the total output and is represented as FC = Tc-TVC or Fixed Cost = Total Cost-Total Variable Cost. Total Cost refers to the cost of equipment at sight, which includes the unloading and loading charges etc & Total Variable Cost refers to the cost which varies when the output varies or changes.
How to calculate Fixed Cost?
The Fixed Cost formula is defined as the cost that remains fixed irrespective of the changes in the total output is calculated using Fixed Cost = Total Cost-Total Variable Cost. To calculate Fixed Cost, you need Total Cost (Tc) & Total Variable Cost (TVC). With our tool, you need to enter the respective value for Total Cost & Total Variable Cost and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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