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)

## How to Calculate Transcription Cost?

The following steps outline how to calculate the Transcription Cost.

1. First, determine the transcription rate (\$/min).
2. Next, determine the total audio time (min).
3. Next, gather the formula from above = TC = TR * AT.
4. Finally, calculate the Transcription Cost.
5. 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 = ?