Specialized Math: 06. Calculating Production Costs

The Specialized Math: 06. Calculating Production Costs course covers the basics of determining production costs to boost your knowledge. If you run a business that sells products, this course is for you. In this course, we will define the two types of production costs, fixed costs and variable costs, and dig deeper into the different variables that can factor in. From there, we will explain how to use these costs to calculate total unit costs and do a break-even analysis. We’ll provide example calculations, formulas and strategies, so you can calculate production costs successfully on your own.

This course features a video presentation, downloadable student material and ends with a short quiz to review what you’ve learned.