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ILLUSTRATION 22 Following is the cost analysis report of a company: Volume of Production Capacity Units Selling Price per unit $ Average Cost per unit
ILLUSTRATION 22 Following is the cost analysis report of a company: Volume of Production Capacity Units Selling Price per unit $ Average Cost per unit $ 60% 60,000 20 18 70% 70,000 20 18 80% 80,000 18.75 18 90% 90,000 18.25 17.5 100% 1,00,000 17.5 17.25 (i) (ii) Determine the most advantageous production and price level for the company. Mention the lowest possible price that can be quoted by the company for a tender of 10,000 units invited by the Government
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