Total Mixed Cost v2

The Total Mixed Cost calculator computes the total mixed cost based on the fixed costs (FC) , the variable cost per guest (VCG) and the number of guests (N).

INSTRUCTIONS: Choose units and enter the following:

• (FC) Fixed Costs
• (VCG) Variable Cost per Guest.
• (N)  Number of Guests.

Total Mixed Cost (TMC): The calculator returns the cost in US dollars.  However this can be automatically converted to other currencies via the pull-down menu.

The Math / Science

A mixed cost is a cost that contains both a fixed component and a variable component. The formula for the Total Mixed Cost is:

  TMC=FC+(VCG ⋅ N)

where:

• TMC = Total Mixed Cost
• FC = Fixed Costs
• VCG = Variable Cost per Guest
• N = Number of Guests

Resource:

• Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
• "What Is a Mixed cost? - Questions & Answers - AccountingTools." AccountingTools. N.p., n.d. Web. 07 Aug. 2015.