Tfc cost of producing 100 unit …
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Gaurav Seth 6 years, 7 months ago
Given -
Quantity Produced or Output = 100 units
Total Fixed Cost = Rs. 30
Average Variable Cost = Rs. 3
Average Variable Cost = Total Variable Cost/Output
⇒ 3 = Total Variable Cost/100
⇒ Total Variable Cost = 100*3
= Rs. 300
Total Variable Cost = Total Cost - Total Fixed Cost
⇒ 300 = Total Cost - 30
⇒ Total Cost = 300 + 30
⇒ Total Cost = Rs. 330
So, Total cost is Rs. 330
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