Enter the estimated fixed costs ($), the estimated variable cost per unit ($), and the number of units into the Estimated Cost Calculator. The calculator will evaluate and display the Estimated Cost.

## Estimated Cost Formula

The following formula is used to calculate the Estimated Cost.

**EC = FC + VCU* X**

- Where EC is the Estimated Cost ($)
- FC is the estimated fixed costs ($)
- VCU is the estimated variable cost per unit ($)
- X is the number of units

## How to Calculate Estimated Cost?

The following example problems outline how to calculate Estimated Cost.

**Example Problem #1**

- First, determine the estimated fixed costs ($). The estimated fixed costs ($) is given as 430 .
- Next, determine the estimated variable cost per unit ($). The estimated variable cost per unit ($) is calculated as 20 .
- Next, determine the number of units. The number of units is found to be 10.
- Finally, calculate the Estimated Cost using the formula above:

EC = FC + VCU* X

Inserting the values from above yields:

EC = 430 + 20* 10 = 630.00 ($)

**Example Problem #2**

The variables needed for this problem are provided below:

estimated fixed costs ($) = 600

estimated variable cost per unit ($) = 5

number of units = 8

Entering these values and solving gives:

EC = 600 + 5*8 = 640** **($)