Answer the question on the basis of the following cost data: $\begin{array}{c}
\begin{array}{c}
\
\
\underline{\text {Output}}\
1 \
2 \
3 \
4 \
5 \
6 \
7 \
8
\end{array}
\begin{array}{c}
\text {Average}\
\text {Fixed}\
\underline{\text {Cost }}\
\$ 50.00 \
25.00 \
16.67 \
12.50 \
10.00 \
8.37 \
7.14 \
6.25

\end{array}
\begin{array}{c}
\text {Average}\
\text {Variable}\
\underline{\text {Cost }}\
\$ 100.00 \
80.00 \
66.67 \
65.00 \
68.00 \
73.33 \
80.00 \
87.50
\end{array}
\end{array}$
Refer to the data.The average total cost of five units of output is:

Question

Answer the question on the basis of the following cost data: $\begin{array}{c}
\begin{array}{c}
\
\
\underline{\text {Output}}\
1 \
2 \
3 \
4 \
5 \
6 \
7 \
8
\end{array}
\begin{array}{c}
\text {Average}\
\text {Fixed}\
\underline{\text {Cost }}\
\$ 50.00  \
25.00 \
16.67 \
12.50 \
10.00 \
8.37 \
7.14 \
6.25

\end{array}
\begin{array}{c}
\text {Average}\
\text {Variable}\
\underline{\text {Cost }}\
 \$ 100.00  \
80.00 \
66.67 \
65.00 \
68.00 \
73.33 \
80.00 \
87.50
\end{array}
\end{array}$
 Refer to the data.The average total cost of five units of output is:

Quizplus · Accepted Answer

To calculate average total cost, we divide the total cost by the total number of units of output. From the given data, the total cost of producing five units of output is $390. Therefore, the average total cost of five units of output is $78 ($390 divided by 5).

Answer the Question on the Basis of the Following Cost