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Use this table: Quantity Total Cost High month 120,000 $6,300,000 Low month 90,000 $5,100,000 If Quantity = 100,000, what is the expected total cost? Use

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Use this table: Quantity Total Cost High month 120,000 $6,300,000 Low month 90,000 $5,100,000 If Quantity = 100,000, what is the expected total cost? Use this table: Quantity Total Cost High month 70,000 $900,000 Low month 40,000 $600,000 What is the Fixed cost? Use this table: Quantity Total Cost High month 30,000 $140,000 Low month 10,000 $80,000 What is the fixed cost? Quantity Total Cost High month 70,000 $900,000 Low month 40,000 $600,000 What is the total cost function? O VC = 100 TC = 10 + 200,000 O TC = 10Q+200,000 0 TC = 10 0 Use this table: Quantity Total Cost High month 120,000 $6,300,000 Low month 90,000 $5,100,000 What is the fixed cost

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