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Numericals Exl Lecture 12

The document contains a table and calculations related to fixed costs, variable costs, total costs, marginal costs, average variable costs and average total costs for different output levels. It also includes some additional context and calculations related to profit, revenue and marginal revenue for a given price and output level.

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MUHAMMAD HAMZA
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18 views

Numericals Exl Lecture 12

The document contains a table and calculations related to fixed costs, variable costs, total costs, marginal costs, average variable costs and average total costs for different output levels. It also includes some additional context and calculations related to profit, revenue and marginal revenue for a given price and output level.

Uploaded by

MUHAMMAD HAMZA
Copyright
© © All Rights Reserved
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Total Average

Number of Average
Out Put Total fixed Variable Total Cost Marginal Variable
working Total Cost
(Q) Cost (TFC) Cost (TC) Cost (MC) Cost
Hours (ATC)
(TVC) (AVC)
0 0 15000 0 15000 - - -
1 25 100 15000 575 15575 5.75 5.75 155.75
50 150 15000 900 15900 6.5 6 106
75 175 15000 1100 16100 8 6.28571429 92
100 195 15000 1275 16275 8.75 6.53846154 83.4615385
b 125 205 15000 1400 16400 12.5 6.82926829 80
150 210 15000 1500 16500 20 7.14285714 78.5714286
175 212 15000 1585 16585 42.5 7.47641509 78.2311321
Fixed Cost 15000
VC Material Cost Per Unit 5
VC Labour Cost Per hour 3
1 Material Cost when output is 100 units 500
Labour Cost when numer of working hours are 25 75
Total Variable Cost (TVC) 575
Total Cost (TC) 15575
Marginal Cost (MC) 5.75
Average Variable Cost (AVC) 5.75
Average Total Cost (ATC) 155.75

C Loss 2562.5 16400 -13837.5


MR=MC
P=MR 12.5 > AVC 6.829

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