The Cost per Time calculator computes the total cost associated with a period of time based on cost per unit time.
INSTRUCTIONS: Choose units and enter the following:
(CPT) This is the cost per unit time (e.g. $2.34 Canadian per hour)
(TT) This is the period of production (e.g. 72 hours)
Total Cost(TC): The calculator returns the total cost in U.S. dollars. However, this can be automatically converted to other currencies via the pull-down menu.
Example
Production examples:
A Canadian company runs machines at 430 Mexican Pesos per hour in Mexico and wants to know how much it costs to operate the machine 24/7 for 3 weeks in Canadian Dollars. Answer on 2018-July-16: 15,134.76 CAD.
Consumption examples:
A rental car cost 78.52 GBP per day, and the renter wants to know what that costs for 5 days in U.S. dollars. Answer on 2018-July-16: 520.90 USD.
Note: Currencies are constantly changing. This calculator updates the currencies exchange rate every five minute.