Question: Compute the missing data for the following cost schedules. Variable Cost (VC), Total Cost (TC), Average Fixed Cost (AFC), Average Variable Cost (AVC), Average Total

Compute the missing data for the following cost schedules.

Variable Cost (VC), Total Cost (TC), Average Fixed Cost (AFC), Average Variable Cost (AVC), Average

Total Cost (ATC), Marginal Cost (MC).

Output VC TC AFC AVC ATC MC

1. $200 $700 $500 _____ _____ ____

2. $300 $800 $250 _____ _____ ____

3. $420 $920 $166.67 _____ _____ ____

4. $580 $1080 $125 _____ _____ ____

5. $800 $1300 $100 _____ _____ ____

6. $1200 $1700 $83.33 _____ _____ ____

7. $1900 $2400 $71.43 _____ _____ ____

Please show computations

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