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Question No 4. The standard mix to produce one unit of product is as follows: Material A 60 units @ $ 15 per unit Material

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Question No 4. The standard mix to produce one unit of product is as follows: Material A 60 units @ \$ 15 per unit Material B80 units @ \$20 per unit Material C100 units @ \$25 per unit During the month of July , 10 units were actually produced and consumption was as follows: Material A 640 units @ \$17.50 per unit Material B 950 units @ \$ 18.00 per unit Material C 870 units @ \$27.50 per unit Calculate material variances Question No 5. Solve the following: !' A) When output is 100 units, the firm s total fixed cost is $500. What will this firm s total fixed cost be if output doubles to 200 units? a. $125 b. $1,000 c. $500 d. $750 e. $250 B) The fixed costs per unit are $20 when a company produces 20,000 units of product. What are the fixed costs per unit when 15,000 units are produced? a. $26.67. b. $20.00. c. $15.00. d. \$14.17. e. \$11.67. C) Total costs are $210,000 when 15,000 units are produced; of this amount, variable costs are $68,000. What are the total costs when 21,000 units are produced? a. $237,200. b. $266,800. c. $294,000. d. None of these. e. Total costs cannot be calculated based on the information presented. D) List down differences between Variable cost and Fixed cost with example

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