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cost cost 32 2 a) A company is following the budgetary time line of the respective country, which is 10 July to June of the
cost cost 32 2 a) A company is following the budgetary time line of the respective country, which is 10 July to June of the consecutive calendar years. Its electrical appliances production data is given in Table below: Data collection Volume of Total costs of Total Total Remark period (month) production/activit production in fixed variable y (*000 units) Tk. (million) July 2020 29 39.6 August 40.95 September 38 47.7 October 15 22.5 November 45 63 December 35 44.1 January 2021 30 41.4 February 22 27 March 33 43.2 April 39 49.5 May 51.3 June 24 27.9 Total i. Draw the data in a graph (total cost vs volume, not total cost vs time period) and locate the high and low activity levels in terms of production volume and cost involved (months). ii. Then, determine the variable cost per unit (v) and the total fixed cost (F). ii. Show the results in an equation in the form y=c+vx, where y stands for the total cost or revenue, c stands for fixed costs, v stands for variable costs per unit and stands for volume of activity (units). iv. Complete the table in your answer sheet. v. Verify the results (fixed costs and variable costs per unit) found from graphical
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