1: Production Costs/Revenues Answer Questions 1 - 7 (= 1a - 1g) Quantity Total Cost $ Total Fixed Cost $ Total Variable Cost $ 0 30 1 50 2 68 3 102 4 148 5 200 Problem 1 a: Given quantity (Q) and Total Costs (TC), calculate Total Fixed Costs (TFC) and Total Variable Costs (TVC). (Enter your answers into the EMPTY boxes in the above table--DO NOT ENTER $. Formula: TC = T FC + T VC