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

Question 26

Multiple Choice

-The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been patchy. Each worker is paid $100 a day. Labour costs are the only variable cost of production. What is the total fixed cost of producing 64 bikes? A) $500 B) $300 C) $400 D) $200
-The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been patchy. Each worker is paid $100 a day. Labour costs are the only variable cost of production. What is the total fixed cost of producing 64 bikes?


A) $500
B) $300
C) $400
D) $200

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