Enter the transcription rate ($/min) and the total audio time (min) into the Transcription Cost Calculator. The calculator will evaluate the Transcription Cost.
Transcription Cost Formula
The following two example problems outline the steps and information needed to calculate the Transcription Cost.
TC = TR * AT
Variables:
- TC is the Transcription Cost ($)
- TR is the transcription rate ($/min)
- AT is the total audio time (min)
To calculate the transcription cost, multiply the transcription rate by the total audio time.
How to Calculate Transcription Cost?
The following steps outline how to calculate the Transcription Cost.
- First, determine the transcription rate ($/min).
- Next, determine the total audio time (min).
- Next, gather the formula from above = TC = TR * AT.
- Finally, calculate the Transcription Cost.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
transcription rate ($/min) = 30
total audio time (min) = 20
TC = TR * AT = ?
