-The Table Above Gives Costs at Jan's Bike Shop

question 66

Multiple Choice

-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?

• A) $200
• B) $300
• C) $400
• D) $500
• E) None of the above answers are correct.

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