Total costs
Definition: The amount spent on producing a given level of output. The total costs are calculated by total fixed costs plus total variable costs.
Related glossary term: ...
Total costs, explicit and implicit.
Similar financial terms
Agency costs
The cost of resolving the agency problem. These might include stock options and bonus schemes to managers.
Total costs The sum of total fixed costs and total variable costs.
Total income The yearly amount earned by the nation's resources (factors of production).
total costs the sum of variable costs and fixed costs. (6, 8)
total revenue the price per unit times the quantity the firm sells. (6)
tradable goods goods for which transportation costs are not prohibitive. (31) ...
Average total costs Total costs divided by the number of units produced; sometimes called average per-unit total costs.
Average variable costs Total variable costs divided by the number of units produced.
B ...
Total costs, explicit and implicit.
Asset allocation decision
The decision regarding how an institution's funds should be distributed among the
major classes of assets in which it may invest.
total costs of product sold all the costs of a product sold, including manufacturing costs and the staff costs of the production department, beforea general overhead is calculated.
Related definitions of "cost of sales"
= cost of goods sold ...
Total costs, explicit and implicit.
All-or-none underwriting
An arrangement whereby a security issue is canceled if the underwriter is unable
to re-sell the entire issue.
Total Costs Incurred ($1,000,000)
Divided By
Total Estimated Costs ($2,000,000)
Times ...
The total costs transferred to Finished Goods = $4500 + $68,400 = $72,900. Computing the Cost of Goods Left in Ending Work in Process
The units left in ending WIP had 100% of their direct material and 75% of their conversion.
Average total costs (ATC) - Total costs divided by number of units produced.
Average variable costs (AVC) - Total variable cost divided by the number of units produced.
Total costs, explicit and implicit.
Weighted average cost of capital
The weighted average cost of capital (WACC) is the expected return on a portfolio of all the firm's securities when debt, equity and tax shields are taken into account.
Decomposing Total Costs as Fixed Costs plus Variable Costs.
Variable costs are expenses that change in proportion to the activity of a business.[1] Variable cost is the sum of marginal costs over all units produced.
However, the total costs that you paid in your attempt to start or purchase a specific business would be considered a capital expense and you can claim it as a capital loss.
The change in total costs in response to the change in some activity. For example, some of the costs of owning and operating a vehicle will increase in total with an increase in miles driven.
ALL-IN COST - Total costs, explicit and implicit.
ALL-IN-ONE FACILITY - A facility which lets you deposit all of your money in your loan account and then...
in accounting, total costs during an accounting period of all goods produced, which includes costs of material, labor, and overhead, whether fixed or variable.
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A measure of the total costs of operating a mutual fund as a percentage of average total assets.
Management Fee:
The sum paid to the investment company's advisor or manager for supervising its portfolio and administering its operations.
All-in cost
Total costs, explicit and implicit.
All-in-rate
Rate used in charging customers for accepting banker's acceptances, consisting of the discount interest rate plus the commission.
The increase in the total costs of a producer of producing one more unit of output, or the decrease in producing one less unit of output.
Maritime
Business pertaining to commerce or navigation by sea.
[ITDS] all-in cost Total costs, explicit and implicit. [Harvey] all-or-none underwriting An arrangement whereby a security issue is canceled if the underwriter is unable to re-sell the entire issue.
Marginal cost The increase in total costs as a result of producing one extra unit of output.... Marginal revenue The increase in revenue from selling one extra unit.... Margins Profit divided by sales.
It is often very hard to predict in advance just how many individuals will meet the various entitlement criteria during any given year, so it is therefore difficult to predict what the total costs to the government will be at the time the ...
Arguably, then, the sum-of-the-years' digits approach achieves a better matching of total costs and benefits in this particular scenario. Does this mean that sum-of-the-years' digits is better? Certainly not! ...
The total costs of natural resources as a share of national output have not been rising. The one exception is petroleum prices, but part of that is due to opec, not to rising population.
Capital cost generally means the total costs for the acquisition of the depreciable property expressed in Canadian dollars according to the rate of exchange in effect at the time of acquisition.
Cost savings that occur when reductions in average total costs can be achieved by increasing the number of distinct products manufactured by an enterprise. Economies of scope are possible when specialized inputs (e.g.
Break-even Point The point where the revenues from a business operation equal the total costs (FIXED COSTS = VARIABLE COSTS). Thus, a profit accrues when revenues exceed the break-even point.
In the final step, the DTC nets the total costs of buying and selling throughout the trading day to limit the amount of money that must be exchanged among firms.
All In Cost definition :
Total costs, explicit and implicit.
FTSE 100, S&P 500 All In One
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Profit = Total Revenue - Total Costs.
Although profit is always revenue minus costs, there are different types of cost which can be allowed for. This leads to different types of profit.
Profit and Loss Statement: A list of the total amount of sales (revenues) and total costs (expenses). The difference between revenues and expenses is your profit or loss.
profit: Financial gain, returns over expenditures.
Total Monthly Housing Costs
Total costs made up of principal, interest, property taxes and insurances.
Management Expense Ratio (MER): A measure of the total costs of operating a mutual fund as a percentage of average total assets ...
The lessee bears very little risk under this type of lease agreement because the total costs of ownership (minus maintenance and repair costs) are known in advance.
In practice it can be difficult to work out a firms average cost. For example, average total cost will have to include not only variable costs but also total costs.
Related Essays and Revision Notes
Objectives of firms ...
You can also ask for an estimate of the total costs to you. If you find the closing costs too high, you may be able to negotiate some of the fees with your lender, seek another lender, or negotiate payment of certain closing costs with the seller.
cost curve: A graph of total costs of production as a function of total quantity produced.
Contexts: IO; micro ...
Taxable Income: Gross income less all allowable adjustments. Incorporated businesses derive net income before taxes after deducting total costs and expenses from gross sales.
...
An analytical technique for studying the relationships between fixed cost, variable cost, and profits. A breakeven chart graphically depicts the nature of breakeven analysis. The breakeven point represents the volume of sales at which total costs ...
Total Long Term Variable Costs - include the Variable Operating Costs and the cost of capital, or borrowing costs.
Total Costs: include the Long Term Variable Costs plus fixed costs and profit.
( Depending on points and origination charges for credit challenged buyers. Why? Because A credit paper requires LESS work to close.), lender fees ( the things we control), in most instances, equal less than 20% of the total costs to close or less ...
original cost The total costs associated with the purchase of an asset, in accounting terms. original equipment manufacturer Abbreviated as OEM, refers to a producer that provides a product to its clients,...
 See also: Expense, Banks, Saving, Bills, Values
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