Therefore, total variable costs can be calculated by multiplying the total quantity of output by the unit variable cost. The Bottom Line In a manufacturing process, there are different types of costs.

The total revenue is found by multiplying the price of one unit sold by the total quantity sold. For example, if the price of a good is $10 and a monopolist sells 100 units of a product per day ...

Empty Weight Empty weight is defined as the total weight of an aircraft including all fixed ballast, unusable fuel, undrainable oil, total quantity of engine coolant and total quantity of ...