Given the following monthly data for alternative operating l

Given the following monthly data for alternative operating levels at the St. Christopher’s Ambulance, calculate the total fixed cost, average fixed cost, average variable cost, average total cost, and marginal cost for successive output levels. If St. Christopher’s is

Trip number

0 -

1 -

2 -

3 -

4 -

5 -

6 -

total Fixed cost(TFC) of $1200 can be determined from the cost of unit 0 that cost would remain same for all units.

Average fixed cost (AFC) = TFC/ number of units

Average variable cost (AVC) = total variable cost / number of units

Average total cost = total cost / number of units

Marginal cost = change in total cost / change in number of units

Ambulance Trips	Total Variable Cost	Total Cost	TFC	AFC	AVC	ATC	MC
0	0	1200	1200
1	1300	2500	1200	1200	1,300.00	2500.00	1300
2	1400	2600	1200	600	700.00	1300.00	100
3	1500	2700	1200	400	500.00	900.00	100
4	1800	3000	1200	300	450.00	750.00	300
5	2400	3600	1200	240	480.00	720.00	600
6	3400	4600	1200	200	566.67	766.67	1000

Given the following monthly data for alternative operating levels at the St. Christopher’s Ambulance, calculate the total fixed cost, average fixed cost, averag

Given the following monthly data for alternative operating l

Solution

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