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Author Question: The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been spotty. (Read 501 times)

jessicacav

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Labor (workers)Output (bikes)Total fixed costs (dollars)Total variable cost (dollars)Total cost (dollars)
00200
120100
250
360
464

The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been spotty. Each worker is paid $100 a day. Labor costs are the only variable costs of production. What is the total cost of producing 50 bikes?
◦ $100
◦ $200
◦ $300
◦ $400
◦ $500


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Marked as best answer by jessicacav on May 24, 2019

kjo;oj

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vicky

  • Hero Member
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  • Posts: 586
Labor (workers)Output (bikes)Total fixed costs (dollars)Total variable cost (dollars)Total cost (dollars)
00200
120100
250
360
464

The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been spotty. Each worker is paid $100 a day. Labor costs are the only variable costs of production. What is the total fixed cost of producing 64 bikes?
◦ $200
◦ $300
◦ $400
◦ $500
◦ $600






cdr_15

  • Hero Member
  • *****
  • Posts: 546
Labor (workers)Output (bikes)Total fixed costs (dollars)Total variable cost (dollars)Total cost (dollars)
00200
120100
250
360
464

The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been spotty. Each worker is paid $100 a day. Labor costs are the only variable costs of production. What is the total variable cost of producing 60 bikes?
◦ $200
◦ $300
◦ $400
◦ $500
◦ None of these answers are correct.




 

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