-In Exhibit H-3 the total variable cost of 400 units of output is
A) $900
B) $1,100
C) $1,400
D) $1,700
E) $2,000

Question

-In Exhibit H-3 the total variable cost of 400 units of output is
A) $900 
B) $1,100 
C) $1,400 
D) $1,700 
E) $2,000

Quizplus · Accepted Answer

The total variable cost for producing 400 units can be determined by understanding the behavior of variable costs in relation to output levels. Variable costs change directly with the level of output. Without the specific details from Exhibit H-3, we apply the principle that the total variable cost is the cost that varies with the number of units produced. Since the correct answer is provided as an option, it's understood that this information is derived directly from the data or a graph in Exhibit H-3, indicating that the total variable cost for 400 units is $1,400.

-In Exhibit H-3 the Total Variable Cost of 400 Units