Question
A Ltd has recorded the following data in two most recent periods Total cost of Production (Rs.) Volume of Production (Units) 14,600 800 19,400 1,200
A Ltd has recorded the following data in two most recent periods
Total cost of Production (Rs.) | Volume of Production (Units) |
14,600 | 800 |
19,400 | 1,200 |
What is the best estimate of the firm's fixed costs per period?
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