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Using Excel to complete a cost table

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Complete the following table using your understanding of the relationship among the various costs.

Output TC FC VC ATC AFC AVC MC
0 X 125 0 X X X X
10 X X X X X 5.0 X
20 X X X X X X 3.5
30 235 X X X X X X
40 X X 130 X X X X
50 X X X 5.5 X X X
60 X X X X X 3.0 X
70 350 X X X X X X
80 X X X X X X 7.0

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Solution Summary

This solution shows how to use Excel to fill in the missing values in a table of a firm's costs.

Solution Preview

See the attached file. Select a cell to see the formula that was used to calculate its ...

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