explain cost schedule with an example.
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A cost schedule is a table showing the total costs of production at different levels of output and from which marginal costs and average costs can be calculated and cost curves drawn. ... When the cost-determining factors change so as to change the cost, separate cost schedules are to be prepared
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A cost schedule is a table showing the total costs of production at different levels of output and from which marginal costs and average costs can be calculated and cost curves drawn. ... When the cost-determining factors change so as to change the cost, separate cost schedules are to be prepared
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