According to following information, which ofthe following is the total cost function in theform of Y = F+V*X? Number of units producedis 18,000.FixedVariableCostCostMaterial used in Production88,00040,000Labour used in Production42,00038,500Production Facilities cost37,00029,500TOTAL COST167,000 108,0OCSelect one:• a. Y = 167,000+V*6Ob. Y 167,000+V*18c. Y = 275,000+V*108O d. Y = 108,000+V*275

Total cost of the goods produced includes the fixed cost and variable cost. Fixed costs remains the…

According to following information, which of the following is the total cost function in the form of Y = F+V*X ? Number of units produced is 18,000. %3D Fixed Variable Cost Cost Material used in Production 88,000 40,000 38,500 29,500 Labour used in Production 42,000 Production Facilities cost 37,000 TOTAL COST 167,000 108,00C Select one: • a. Y = 167,000+V*6 O b. Y = 167,000+V*18 c. Y = 275,000+V*108 Od. Y = 108,000+V*275

According to following information, which of the following is the total cost function in the form of Y = F+VX ? Number of units produced is 18,000. %3D Fixed Variable Cost Cost Material used in Production 88,000 40,000 38,500 29,500 Labour used in Production 42,000 Production Facilities cost 37,000 TOTAL COST 167,000 108,00C Select one: • a. Y = 167,000+V6 O b. Y = 167,000+V18 c. Y = 275,000+V108 Od. Y = 108,000+V*275

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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