1. (Table: Cost Data for Handbags at Horatio's Handbag Factory) Use Table: Cost Data for Handbags at Horatio's Handbag Factory. Variable Marginal Average Number of Fixed Cost Total Cost Variable Average Average Price per Total Profit= Handbags Cost (VC) (FC) Cost (TC) Fixed Cost Total Cost Cost Handbag Revenue TR-TC (MC) (AVC) (AFC) (ATC) (P) (TR) 0 30 30 13 2 5 30 13 13 30 13 17 30 13 5 23 30 13 6 32 30 13 45 30 13 60 30 13