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able 13-5 Measures of Cost for ABC Inc. Widget Factory Quantity of Widgets Variable Costs Total...

able 13-5

Measures of Cost for ABC Inc. Widget Factory

Quantity
of Widgets

Variable
Costs

Total
Costs

Fixed
Costs

0

$10

1

$ 1

2

$ 3

$13

3

$ 6

$16

4

$10

5

$25

6

$21

$10



Refer to Table 13-5. What is the variable cost of producing five widgets?

$15.00
$14.00
It can't be determined from the information given.
$13.00
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Answer #1

Ans. Variable Cost for producing 5 widgets , is $15. Because Total Cost = Fixed Cost + Variable Cost

$25 = $10 + Variable Cost

$15 = Variable Cost.

Best of Luck !! !!

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