MetaGlossary.com: Average Fixed Cost

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Keywords: Afc, Divided, Fixed, Output, Total

Related Terms: Variable Cost, Total Cost, Operating Leverage, Incremental Cost, Gross Margin, Fixed Cost, Contribution Margin, Cost, Marginal Cost, Contribution, Sunk Costs, Average Cost, Unit Cost, Fixed Costs, Variable Costs, Modified Total Direct Costs, Mtdc, Direct Costing, Sunk Cost, All-In Cost, Carrying Cost, Eac, Cost Variance, Cpo, Variable Expenses, Total Costs, Cost Per Inquiry, Cost Unit, Break-Even Analysis, Actual Cost, Absorption Costing, Indirect Cost Rate, Overheads, Afc, Cost Per Point, Cost Overrun, Cpp, Cost, Average Total Cost, Average Variable Cost, Cost Index, Average Cost Method, Cpi, Cost Per Rating Point, Cost Performance Index, Cost Per Order, Burden, Full Absorption Costing, Marginal Costing

fixed costs divided by the quantity produced.

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Total fixed cost per unit of output. (p. 271)

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Total fixed cost divided by output.

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Average fixed cost (AFC) is total fixed cost per unit of output. It is calculated by dividing total fixed cost by output.

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The fixed cost per unit produced, calculated by dividing fixed costs by the number of units produced. p. 594

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