Chapter 21, Problem E21.30E

To determine

Variable cost and the total variable cost: The variable cost can be defined as the cost that directly changes with the change in the level of output. The total variable cost can be defined as the overall expense associated with producing the output that changes in direct proportion with the change in the level of output

Total Variable cost = Variable cost per Unit X Number of units produced

Requirement 1

To determine:

Total Variable cost at the level of output of 25 units.

To determine

Requirement 2:

To determine:

Total Variable cost at the level of output of 50 units.

To determine

Requirement 3:

To determine:

Total Variable cost at the level of output of 100 units.