Business, 07.03.2020 02:11 Skybil1204

For each level of output, calculate the variable cost (VC). For each level of output except zero output, calculate the average variable cost (AVC), average total cost (ATC), and average fixed cost (AFC).

Qty of boats

Total Cost

Variable Costs

a.

Average Variable Costs

b.

Average Total Costs

c.

Average Fixed Cost

d.

0

$450,000

-

-

-

-

1

490,000

2

510,000

3

520,000

4

540,000

5

570,000

6

610,000

7

670,000

8

750,000

9

870,000

What is the minimum-cost output?

Answers: 2

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Answers

Answer from: faithkristi

Explanation:

QTYTotal CostVariable CostAVCATCAFC

0$450,0000000

1$490,000$40,000$40,000$490,000$450,000

2$510,000$60,000$30,000$225,000$195,000

3$520,000$70,000$23,333.33$173,333.33$150,000

4$540,000$90,000$22,500$135,000$112,500

5$570,000$120,000$24,000$114,000$90,000

6$610,000$160,000$26,666.67$101,666.67$75,000

7$670,000$220,000$31,428.57$95,714.29$64,285.72

8$750,000$300,000$37,500$93,750$56,250

9$870,000$420,000$46,666.67$96,666.67$50,000

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is this good enough?

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For each level of output, calculate the variable cost (VC). For each level of output except zero out...

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