1. In accounting, the sum of fixed costs, variable costs, and semi-variable costs.
2. In the context of investments, the total amount spent on a particular investment, including the price of the investment itself, plus commissions, fees, other transaction costs, and taxes.
Related information about total cost:
- Total cost - Wikipedia, the free encyclopedia
In economics, and cost accounting, total cost (TC) describes the total economic cost of production and is made up of variable costs, which vary according to the ...
- Total cost of ownership - Wikipedia, the free encyclopedia
Total cost of ownership (TCO) is a financial estimate whose purpose is to help consumers and enterprise managers determine direct and indirect costs of a ...
- What is total cost? definition and meaning
Definition of total cost: In accounting, the sum of fixed costs, variable costs, and semi-variable costs.
- Marginal Cost & Average Total Cost - Fundamental Finance
... Average Total Cost (ATC). Total cost is variable cost and fixed cost combined. TC=VC+FC. Now divide total cost by quantity of output to get average total cost.
- total cost (economics) -- Britannica Online Encyclopedia
More conventionally, cost has to do with the relationship between the value of production inputs and the level of output. Total cost refers to the total expense ...
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- average total cost - AmosWEB
Total cost per unit of output, found by dividing total cost by the quantity of output. When compared with price (per unit revenue), average total cost (ATC) indicates ...
- Understanding Costs - How to Understand and Calculate Cost ...
A linear equation relating total cost (TC) and quantity produced (Q). This would ... Marginal Cost(2 to 3) = Total Cost of Producing 3 – Total Cost of Producing 2.