Multiple Choice
It is known that a factory has some fixed and some variable costs.In one month,the output was 12,000 units and the cost £30,000.The following month,output had increased to 15,000 units and the cost was £36,000.
How much are the fixed and variable elements of production?
A) The fixed costs are £6,000 and the variable costs are £2 per unit
B) The variable costs are £2.50 in month 1 and £2.40 in month 2
C) The fixed costs are £6,000 and the variable costs are £0.50 per unit
D) The variable costs are £0.40 in month 1 and £0.42 in month 2
Correct Answer:

Verified
Correct Answer:
Verified
Q15: The KMuir company is planning to sell
Q16: The results of AB/CB company are
Q17: The break-even point can be expressed as:<br>A)
Q18: In measuring the previous relationship between costs,detailed
Q19: Which of the statements is correct?<br>A) In
Q20: Spellbound company make a sell 500,000 "wandies"
Q21: During the Summer,Paul sells ice creams from
Q23: The MoneyTalks company produces and sells 125,000
Q24: WhoMadeWho Ltd.is planning to reduce the selling
Q25: Which of the following equations is correct?<br>A)