Suppose Faber-Castell Pty Ltd has a variable cost per pencil of 55 cents. The lease payment on
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Suppose Faber-Castell Pty Ltd has a variable cost per pencil of 55 cents. The lease payment on the production facility runs $5 000 per month. If Faber-Castell produces 100 000 pencils per year, what are the total costs of production? What is the average cost per pencil?
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Muhammad Umair
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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