Table 13-9

-Refer to Table 13-9.What is the variable cost of producing 5 posters?
A) $13.00
B) $14.00
C) $15.00
D) It can't be determined from the information given.

Question

Table 13-9
 
-Refer to Table 13-9.What is the variable cost of producing 5 posters?
A) $13.00 
B) $14.00 
C) $15.00 
D) It can't be determined from the information given.

Quizplus · Accepted Answer

From the given table, we can see that the variable cost per unit is $3.00 and the fixed cost for producing 1 to 5 posters is $10.00. Therefore, the total cost of producing 5 posters would be $10.00 (fixed cost) + ($3.00 x 5) = $15.00. Therefore, the variable cost of producing 5 posters is $3.00 per unit, which is option C.

Table 13-9 -Refer to Table 13-9.What Is the Variable Cost of Producing