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The following data have been extracted from the accounts of REF plc. Production volume (units) 1,000 2,000 /unit /unit Variable materials 4.00 4.00 Variable labour
The following data have been extracted from the accounts of REF plc.
Production volume (units)
1,000
2,000
/unit
/unit
Variable materials
4.00
4.00
Variable labour
3.50
3.50
Production overhead - department 1
6.00
4.20
Production overhead - department 2
4.00
2.00
The total fixed cost (FC) and variable cost per unit (VC) is:
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