1. Copy and complete the table which shows output-cost relationship: Unit of Output ($) Fixed Cost (FC) ($) Variable Cost (VC) ($) Total Cost (TC) ($) Average Cost (AC) ($) Marginal Cost (MC) 1 20 ------ 80 80 80 2 20 130 ----- 75 ---- 3 20 190 210 ----- 60 4 20 ------
1. Copy and complete the table which shows output-cost relationship: Unit of Output ($) Fixed Cost (FC) ($) Variable Cost (VC) ($) Total Cost (TC) ($) Average Cost (AC) ($) Marginal Cost (MC) 1 20 ------ 80 80 80 2 20 130 ----- 75 ---- 3 20 190 210 ----- 60 4 20 ------
Accounting (Text Only)
26th Edition
ISBN:9781285743615
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter21: Cost Behavior And Cost-volume-profit Analysis
Section: Chapter Questions
Problem 21.26EX: Items on variable costing income statement In the following equations, based on the variable costing...
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Question
1. Copy and complete the table which shows output-cost relationship:
Unit of Output |
($) Fixed Cost (FC) |
($) Variable Cost (VC) |
($) Total Cost (TC) |
($) Average Cost (AC) |
($) Marginal Cost (MC) |
1 |
20 |
------ |
80 |
80 |
80 |
2 |
20 |
130 |
----- |
75 |
---- |
3 |
20 |
190 |
210 |
----- |
60 |
4 |
20 |
------ |
264 |
66 |
----- |
5 |
20 |
280 |
------ |
----- |
36 |
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