Ask Question
30 October, 12:40

If the average variable cost of producing 5 costumes in kira's costume shop is $50, and the fixed cost of the shop is $100. what is the total cost for 5 costumes?

+5
Answers (1)
  1. 30 October, 12:42
    0
    The given average variable cost = $50

    Total variable cost = Average variable cost * Number of unit = $50 * 5 = $250

    Fixed cost = $100

    Total cost [TC] = Total fixed cost + Total variable cost

    TC = $100 + $ 250 = $350.

    The total cost for 5 costumes = $350.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If the average variable cost of producing 5 costumes in kira's costume shop is $50, and the fixed cost of the shop is $100. what is the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers