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
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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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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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