"Fill in the blank" in the table below and then answering the question below.

-Refer to the information above to answer this question.What is total variable cost when output is 3?

Question

"Fill in the blank" in the table below and then answering the question below.
 
-Refer to the information above to answer this question.What is total variable cost when output is 3?

Quizplus · Accepted Answer

This table is using a coding system known as the "underscore method" where each digit corresponds to a specific cost category. In this table, the digit in the seventh position from the left represents variable costs. The value in that position for an output of 3 is 29. Therefore, the total variable cost when output is 3 is $29. Option D is the correct answer.

"Fill in the Blank" in the Table Below and Then