Daily costs for Kelso Manufacturing include $1,000 of fixed costs and total variable costs are show below.
Unit output
|
10
|
11
|
12
|
13
|
14
|
15
|
Cost
|
$125
|
$250
|
$400
|
$525
|
$700
|
$825
|
The average total cost at an output level of 11 units is
- $113.64
- $125.00
- $215.91
- $250.00