Question

base period price level.
ILLUSTRATION 3. Following details are available from the records of a
manufacturing company.
Period
Output (Units)
Total Costs (3)
Fixed/Variable Costs Price Index
1
20,000
50,000
100
2
25,000
66,000
110
30,000
?
120
Assume a linear relationship between total cost and output for all three periods,
calculate total cost for period 3.
SON​

Answer 1

Answer:

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Answer 2

Answer:

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