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2. The following observations have been made of total overhead cost. `Output level (units) 5,000 10,000 Total overhead cost ($) 14,000 27,000 The variable element
2. The following observations have been made of total overhead cost.
`Output level (units) 5,000 10,000
Total overhead cost ($) 14,000 27,000
The variable element of total overhead cost is known to increase by $1 per unit at output levels above 7,000 units. What is the variable element of total overhead cost at an output level of 5,000 units?
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Auditing Humor And Other Oxymorons
Authors: Mr Mike Jacka
1st Edition
0991280903, 978-0991280902
