FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Total Material cost is 500000 OMR Fixed cost is 0. Calculate Total Variable cost
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- For the given cost function C'(x) 10000+400x + x² find: a) The cost at the production level 1300 = b) The average cost at the production level 1300 c) The marginal cost at the production level 1300 d) The production level that will minimize the average cost e) The minimal average costarrow_forwardFind out BEP in units and value with the following data:Fixed cost - $30000Variable cost - $20 per unitSelling Price - $50 per unit.arrow_forwardUsing the conventional method I got the cost per unit for Product A: 54 GBP and Product B: 110 GBP and using the ABC principles I got the cost for Product A: 80 GBP and for Product B: 63 GBP. What are the causes for any differences in the cost based on obtained results?arrow_forward
- When production increases, the total fixed cost willarrow_forwardQ. 2 (b1)arrow_forwardChoose the correct letter of answer On a scattergrap, the diagonal line cuts across two sets of observations, namely: 600:200, and 900:500 which refer to costs and units, respectively. The fixed costs is plotted in the graph at P400. In this case, the variable cost per unit is equal to: a. P1.00b. P1.25c. P1.50d. P1.12arrow_forward
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