Answer:
Total variable costs =$930
Explanation:
Total cost is the sum of total fixed cost and total variable cost. Hence given the average fixed cost , we can work-out the total variable cost.
This is done as follows:
Total fixed costs = average fixed costs × number of units
= $10 × 10= $100.
Total variable costs = Total cost - total fixed cost
= $1,030 - $100
=$930
Total variable costs =$930
