Dataset of Cost of Production

Feb 3rd, 2012
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It is a dataset of an assignment of "Cost of Production". Along with Cost of Production paper, this dataset will provide you a complete study guide of introductory economics. Hope it helps you!

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Table-1: Joseph Farms, Inc., Cost and Revenue DataColumn 1Column 2Column 3Column 4Column 5Output Level Price Per Unit Total Fixed Cost Total Variable Cost Total Cost016512512511651251132382165125213338316512530042541651253755005165125463588616512556368871651256758008165125813938916512597511001016512511631288Marginal Cost, Ma$200.00$180.00P*$160.00Revenue and Cost$140.00$120.00$100.00Revenue and Cost$80.00$60.00$40.00$20.00$0.000123Column 6Column 7Column 8Column 9Average Fixed Cost Average Variable CostAverage Total Cost Marginal Cost12512512511323863107169421001423194125259311821941151896114161021171410812213116129Marginal Cost, Marginal RevenueMR=PMarginal CostMarginal Revenue113100877588100112138162188Marginal CostMarginal Revenue3456Output Level (quantity)78910Column 10Column 11Marginal RevenueTotal Revenue Profit1651651651651651651651651651651653304956608259901155132014851650-125-73-870160237302355382385362Table-2: Joseph Farms, Inc., Revenue/Profit/Loss DataOutput LevelPrice Per Unit012345678910Total Revenue16516516516516516516516516516516501653304956608259901155132014851650Total Costs from Table 112523833842550058868880093811001288Breakeven Output Profit Cu$500.00$400.00$300.00Profit or LossPro

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