Enter the total fixed costs ($) and the total variable costs ($) into the Total Cost Calculator. The calculator will evaluate and display the Total Cost.

- All Cost Calculators
- ATC (Average Total Cost) Calculator
- Average Variable Cost Calculator
- Fixed Cost Calculator

## Total Cost Formula

The following formula is used to calculate the Total Cost.

**TC = TFC + TVC**

- Where TC is the Total Cost ($)
- TFC is the total fixed costs ($)
- TVC is the total variable costs ($)

## How to Calculate Total Cost?

The following example problems outline how to calculate Total Cost.

Example Problem #1:

- First, determine the total fixed costs ($). The total fixed costs ($) is given as 350.
- Next, determine the total variable costs ($). The total variable costs ($) is provided as 25.
- Finally, calculate the Total Cost using the equation above:

TC = TFC + TVC

The values given above are inserted into the equation below:

TC = 350 + 25 = 375 ($)

Example Problem #2:** **

The variables needed for this problem are provided below:

total fixed costs ($) = 700

total variable costs ($) = 300

Entering these values and solving gives:

TC = TFC + TVC** = 1,000.00 **($)