1. The information in the table explains the production of socks.Assume that the price per unit of the variable factor of production (L) is $20 and the price per unit of the fixed factor of production (K) is $5.

Add columns to the table and calculate values for: Total Variable Cost (TVC), Total Fixed Cost (TFC), Total Cost (TC), Average Variable Cost (AVC), Average Fixed Cost (AFC) Average Total Cost (ATC) and Marginal Cost (MC

***** I need to attach a spreadsheet but I am unsure how to do so*****