Estimated Cost Calculator

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. 

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• Average Variable Cost Calculator
• Fixed Cost Calculator
• Total Cost Calculator

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

1. First, determine the estimated fixed costs ($). The estimated fixed costs ($) is given as 430 .
2. Next, determine the estimated variable cost per unit ($). The estimated variable cost per unit ($) is calculated as  20 .
3. Next, determine the number of units. The number of units is found to be 10.
4. 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 ($)

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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 ($)