Use the figure to answer the following question(s).
Figure 8-3
-Using Figure 8-3, calculate the total variable cost of producing three units.
A) $10
B) $15
C) $30
D) $45

Question

Use the figure to answer the following question(s).
Figure 8-3 
-Using Figure 8-3, calculate the total variable cost of producing three units.
A) $10 
B) $15 
C) $30 
D) $45

Quizplus · Accepted Answer

The total variable cost is calculated by summing the variable costs for each unit produced. If Figure 8-3 shows that the variable cost per unit is $10, then for three units, the total variable cost is 3 x $10 = $30.

Use the Figure to Answer the Following Question(s)