Q12) In the subject of microeconomics please see table and question below it and choose the correct mcq.A) 8B) 6C) 5D) 7

Total fixed costs Total variable cost Labor (workers) Output (bikes) Total cost (dollars) (dollars) (dollars) 0 0 200 20 100 N 50 3 60 ? ? 4 64 The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been spotty. Each worker is paid $100 a day. Labor costs are the only variable costs of production. What is the total variable cost of producing 60 bikes