**What is a return payment?**

Return payments are reversed debit transactions. A business uses a return payment to electronically refund money to the customer. Your customer puts their card into the payment terminal. You then transfer the money to the bank account that corresponds to the payment card which is used for the return payment.

**How to calculate total cost?**

Total Cost Formula = Total Fixed Cost + Total Variable Cost. Total Variable Cost = Average Variable Cost Per Unit * Quantity of Units Produced. Total Cost = Total Fixed Cost + Average Variable Cost Per Unit * Quantity of Units Produced.

**How to calculate fixed cost?**

Take your total cost of production and subtract your variable costs multiplied by the number of units you produced. This will give you your total fixed cost.

**How much is JPJ car ownership transfer fee?**

The charge is RM180 (RM30 for Puspakom and RM150 for the runner). Both the buyer and the seller are then required to go to the JPJ office to have their thumbprints taken before the JPJ will agree to have the ownership transferred to a new registration card.

**What is the sum insured limit?**

Sum insured: The maximum amount of money an insurer will pay in the event of a claim.

**What is the formula of total sum?**

For example: =SUM(A2:A10) Adds the values in cells A2:10. =SUM(A2:A10, C2:C10) Adds the values in cells A2:10, as well as cells C2:C10.

**What is the total sum rule?**

The sum rule tells us that the total number of outcomes is comprised of the outcomes that do include that event, together with the ones that don’t.

**What is fixed cost amount?**

Fixed cost is a business expense that does not change regardless of the activity level of the business. Examples of fixed costs include rent, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.

**What is the total fixed cost?**

Total fixed cost (TFC) is that cost which does not change with a change in the level of output. Total variable cost (TVC) is that cost which changes as the level of output changes.

**What is total cost calculation?**

This formula can be summarized as follows: Average fixed price per unit plus the average variable price per unit, multiplied by the number of units. In other words, the total-cost formula looks like this: Total Cost = (Fixed Cost + Variable Cost) / Number of Units Produced.

**How is basic premium calculated?**

The basic premium is calculated by multiplying the basic premium factor by the standard premium. The converted loss is calculated by multiplying the loss conversion factor by the losses incurred. The basic premium is less than the standard premium because of the basic premium factor.

**How much is a total cost?**

total cost, in economics, the sum of all costs incurred by a firm in producing a certain level of output.

**What is coverage rate Percentage?**

Coverage Rate means, as of any date of determination, a percentage equal to the greater of (i) 17.0% and (ii) during the Revolving Period, if the Purchaser elects, in its sole discretion, the percentage that is the sum of (a) 100% minus (b) the initial “Noteholders’ Percentage” (or other advance rate or advance rate …

**How do you calculate average total claim?**

How to find average total cost. Average total cost is calculated by dividing the total cost of production by the total number of units produced.

**What is fixed sum insurance?**

Fixed Sum Insured means the share of the Sum Insured, which is set at the discretion of the Insurer in Accumulative Insurance Products as a specific sum of money.

**What is sum insured for motor vehicle?**

The insurance’s sum insured is meant to help car owners in the event of a total-loss accident. If the car is totally paid up, the insurance money can be used to purchase a new car. However, if the car is still owed to the bank, the money can be used to pay off the balance of the debt.

**What is total sum of cost?**

The total cost is the sum of fixed costs and variable costs. For example, if a firm has a fixed cost of $30 per unit and a variable cost of $5 per unit as they increase their output, the total cost will be $35.

**How do I calculate profit?**

Finding profit is simple using this formula: Total Revenue – Total Expenses = Profit.

**How do you charge premium price?**

A premium pricing strategy, also referred to as prestige pricing, involves setting the price of a product higher than similar products. This strategy is sometimes also called skim pricing because it is an attempt to “skim the cream” off the top of the market.

**What is total cost and formula?**

The total cost formula is used to combine the variable and fixed costs of providing goods to determine a total. The formula is: Total cost = (Average fixed cost x average variable cost) x Number of units produced. To use this formula, you must know the figures for your fixed and variable costs.