Average Variable Cost

The Average Variable Cost calculator computes the average cost associated with a firm's variable costs (labor, electricity, etc.) divided by the quantity of output produced. Variable costs are those costs which vary with output. 

INSTRUCTIONS: Choose preferred currency units and enter the following:

• (VC) This is the Variable Costs
• (Q) This is the Quantity of goods/products Produced

Average Variable Cost: The calculator returns Average Variable Cost in U.S. dollars (USD).  However, other units are available via the pull-down menu.

Related Calculators:

• Unit Cost 
• Average Fixed Costs
• Average Total Costs
• Observational Statistics (max, mean, median, mode, standard deviation, variance, sort).  Enter a list of comma separated values, and the calculator returns the different statistics.

Resource:

• Mankiw, N. Gregory. "Chapter 13:The Various Measures of Cost."Principles of Microeconomics. 6th ed. Mason, OH: Thomson/South-Western, 2004. 265-68. Print.
• "Average Variable Cost." Wikipedia. Wikimedia Foundation, n.d. Web. 30 May 2015.