Given the table below,what is the total fixed cost when 400 units of output are produced? $\begin{array}{c}
\begin{array}{c}
\
\
\text { Output } \
\hline 100 \
200 \
300 \
400
\end{array}
\begin{array}{c}
\
\text { Total}\
\text { Cost }\
\hline 560\
-\
-\
-
\end{array}
\begin{array}{c}
\text {Total}\
\text {Fixed}\
\text {Cost}\
\hline-\
-\
-\
-
\end{array}
\begin{array}{c}
\text { Total } \
\text { Variable } \
\text { Cost } \
\hline 60\
-\
-\
-
\end{array}
\begin{array}{lll}
\text {Average}\
\text {Fixed}\
\text {Cost}\
\hline -\
-\
-\
-
\end{array}
\begin{array}{c}
\text {Average}\
\text {Variable}\
\text {Cost}\
\hline-\
-\
4.00\
-
\end{array}
\begin{array}{c}
\text {Average}\
\text {Total}\
\text {Cost}\
\hline-\
-\
-\
7.00
\end{array}
\begin{array}{c}
\
\text {Marginal}\
\text {Cost}\
\hline-\
4.00\
-\
-
\end{array}
\end{array}$

A)$500
B)$2000
C)$3500
D)$5000
E)none of the above

Question

Given the table below,what is the total fixed cost when 400 units of output are produced? $\begin{array}{c}
\begin{array}{c}
\
\
\text { Output } \
\hline 100 \
200 \
300 \
400 
\end{array}
\begin{array}{c}
\
\text { Total}\
\text { Cost }\
\hline 560\
-\
-\
-
\end{array}
\begin{array}{c}
\text {Total}\
\text {Fixed}\
\text {Cost}\
\hline-\
-\
-\
-
\end{array}
\begin{array}{c}
\text { Total } \
\text { Variable } \
\text { Cost } \
\hline 60\
-\
-\
- 
\end{array}
\begin{array}{lll}
\text {Average}\
\text {Fixed}\
\text {Cost}\
\hline -\
-\
-\
-
\end{array}
\begin{array}{c}
\text {Average}\
\text {Variable}\
\text {Cost}\
\hline-\
-\
4.00\
-
\end{array}
\begin{array}{c}
\text {Average}\
\text {Total}\
\text {Cost}\
\hline-\
-\
-\
7.00
\end{array}
\begin{array}{c}
\
\text {Marginal}\
\text {Cost}\
\hline-\
4.00\
-\
-
\end{array}
\end{array}$

A)$500
B)$2000
C)$3500
D)$5000
E)none of the above

Quizplus · Accepted Answer

The total cost is $7.00 per unit when 400 units are produced. Since the variable cost per unit is $4.00, the total fixed cost can be calculated as follows:

Total cost = Total fixed cost + Total variable cost 
$7.00(400) = Total fixed cost + $4.00(400) 
$2800 = Total fixed cost + $1600 
Total fixed cost = $1200

Therefore, the total fixed cost when 400 units are produced is $1200.

Given the Table Below,what Is the Total Fixed Cost When