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.

- 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** **= ?