Total Variable cost is 490,000 OMR total units sold is 7000 units, total fixed cost is 80000 OMR,describe the production costs in the equation form Y = f+ vX. Select one: a. Y = 80000 + 70X O b. Y = 80000 + 40X O c. Y = 80000 + 150X O d. Y = 80000 + 100X

Total Variable cost is 490,000 OMR total units sold is 7000 units, total fixed cost is 80000 OMR,describe the production costs in the equation form Y = f+ vX. Select one: a. Y = 80000 + 70X O b. Y = 80000 + 40X O c. Y = 80000 + 150X O d. Y = 80000 + 100X

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Total Variable cost is 490,000 OMR total
units sold is 7000 units, total fixed cost is
80000 OMR,describe the production costs
in the equation form Y = f + vX.
Select one:
O a. Y = 80000 + 70X
O b. Y = 80000 + 40X
O c. Y = 80000 + 150X
O d. Y = 80000 + 100X

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