month-
Power used for running machines
Wages
Rent of the factory
Insurance of plant and machinery
Fuel Expenses
Factory Registration charges
Output produced during that month
Calculate :-
(a) Total cost of production.
(b) Average variable cost of production
(c) Average fixed cost.
1,20,000
93,000
1.50,000
60,000
30,000
90,000
20,000 units
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