Question
An organisation manufactures a single product. The total cost of making 4000 units is $20000 and the total cost of making 20000 units is 75000.
An organisation manufactures a single product. The total cost of making 4000 units is $20000 and the total cost of making 20000 units is 75000. Fixed cost change when unit exceeds 16000 by $7000.
What is the variable cost?
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Managerial Accounting
Authors: John J Wild, Ken W. Shaw, Barbara Chiappetta
7th edition
1260482936, 978-1260482935
