Instructions

Output	Total Variable Cost
0	$ 0
1	$ 50
2	$ 90
3	$120
4	$160
5	$220
6	$300
7	$400
8	$520
9	$670
10	$900

1. Given the above variable cost data and assuming fixed costs equal the value of the lastfour digits of your MDCstudent ID, create a file using Excel thatlistsOutput,Fixed Cost, Variable Cost, Total Cost, Average Fixed Cost, Average Variable Cost, Average Total Cost, and Marginal Cost. The Excel table should be constructedusing formulas wherever calculations are required.
2. Using Excel, plot FC, VC, and TC in Graph A and AFC, AVC, ATC, and MC in Graph B