Question

the total fixed cost of pry at 5 units of output is Rs.10 and the total variable cost is Rs.40. find out the total cost of production. 40,10,50,30
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Answer 1

Explanation:

Total cost = 7×150=1,0507×150=1,050

Total cost = 7×150=1,0507×150=1,050Total variable cost = 1,050−350=7001,050−350=700

Total cost = 7×150=1,0507×150=1,050Total variable cost = 1,050−350=7001,050−350=700Variable cost per unit = 700/7=100