Homework Answers
AS PER HOMEWORKLIB POLICY I'VE ANSWERED 1ST QUESTION. KINDLY POST ONE QUESTION AT A TIME.
| Month | Units produced | Total costs |
| Jan | 20000 | 1900000 |
| Feb | 27000 | 2250000 |
| Mar | 30000 | 2400000 |
High-low method :
| Particulars | Units produced | Total costs |
| High | 30000 | 2400000 |
| Low | 20000 | 1900000 |
| Difference | 10000 | 500000 |
a) Variable cost per unit:
= Difference in total costs/ Difference in units produced
=500000/10000
=$50 per unit
b) Total Fixed Cost :
| Total cost @ 30000 units | 2400000 |
| Less. Total Variable Cost @ 30000 units (30000x50) | (1500000) |
| Total Fixed Cost | $900,000 |
ANY DOUBTS OR CORRECTIONS?
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