Question

Table 13-9 4o Output 0 10 20 30 40 Total Cost 40 60 90 130 180 240 50
6. Refer to Table 13-9. What is variable cost when output equals 30 units? -- :a. $4.00 - --b. $4:33. ------- c. $40.00 - d.
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Answer #1

We know, total cost=Total fix cost at quantity=0

Thus fix cost=40

Total cost at Q=30 is 130 and variable cost=Total cost-Total fix cost

Variable cost=130-40=90

Thus variable cost=90. Ans is D

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