• 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 = ?