Is Calculated using below formula-Net Income Total Revenue Total Expense. For example if you generated 100000 in revenue over the year and your staffing costs were 33000 the formula would look like this. Find Break Even Point Volume In 5 Steps From Costs And Revenues Analysis Graphing Good Essay This information can be useful for evaluating the total cost of a product or product line. . Although the total cost is comprised of fixed cost and variable costs the. Applying the formula for total variable cost the project manager determines the company must invest 1400 in materials and labor to produce 100 hair dryers as shown. The variable cost is the cost that directly varies with the output and is calculated by dividing the total variable cost during the period by the number of units. Total variable cost formula number of units produced x variable cost per unit. Suppose a company named MILO Pvt. To work out the staff cost rat