QUESTION 22 Refer to the table below: Quantity of Output Fixed Variable Total Cost Cost Cost 1 $23 S33 2 3 $38 $60 4 $54 5 S80 6 S88 S113 8 $155 Find the missing values in the table and provide an overall reasoning. For example what is fixed cost and it's relation with the variable and total cost. No need to provide details for each cell.

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QUESTION 22
Refer to the table below:
Quantity
of
Output
1
Fixed
Cost
Variable
Cost
Total
Cost
$23
$33
S38
3
$60
4
$54
5
$80
$88
$113
$155
Find the missing values in the table and provide an overall reasoning. For example what is fixed cost and it's relation with the variable and total cost. No need to provide details
for each cell.
T T T T
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3 (12pt)
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Transcribed Image Text:QUESTION 22 Refer to the table below: Quantity of Output 1 Fixed Cost Variable Cost Total Cost $23 $33 S38 3 $60 4 $54 5 $80 $88 $113 $155 Find the missing values in the table and provide an overall reasoning. For example what is fixed cost and it's relation with the variable and total cost. No need to provide details for each cell. T T T T Paragraph Arial 3 (12pt) 只i公 O fx Mashups HTML CSS Path: p Words:0
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