Total fixed cost of producing these 60 units of output is $3000
The whole amount of money that a company must pay to keep its operations going is known as the total amount of their "fixed costs," and this number does not change regardless of how many things they produce or sell. Whether output is high or low, total fixed costs remain the same. When production is at a standstill, only the fixed costs remain. Overhead encompasses a wide range of expenses like these.
Total Cost of Production = Quantity * Avg Total Cost
= 60 * 100
= $6000
Total Fixed Cost = Total Cost - Total Variable Cost
= 6000 - (60*50)
= 6000 - 3000
= $3000
To know more about Total Fixed Cost refer to:
https://brainly.com/question/16749519
#SPJ4
