Total Variable cost is 490,000 OMR total units sold is 7000 units, total fixed cost is 80000 OMR,describe the production costs in the equation form Y = f + vX. Select one: O a. Y = 80000 + 100X %3D O b. Y = 80000 + 150X %3D Oc. Y = 80000 + 70X O d. Y = 80000 + 40X %3D

Total Variable cost is 490,000 OMR total units sold is 7000 units, total fixed cost is 80000 OMR,describe the production costs in the equation form Y = f + vX. Select one: O a. Y = 80000 + 100X %3D O b. Y = 80000 + 150X %3D Oc. Y = 80000 + 70X O d. Y = 80000 + 40X %3D

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

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4-Principles of Management
courses / BUSS 104-1-20202/ MAKEUP TEST SCHEDULED FOR The
06-05-2021 from 11:00 to 12: Noon)
Total Variable cost is 490,000 OMR total units sold is 7000 units,
total fixed cost is 80000 OMR,describe the production costs in the
equation form Y = f + vX.
Select one:
O a. Y = 80000 + 100X
%3D
O b. Y = 80000 + 150X
Oc. Y 80000 + 70X
O d. Y = 80000 + 40X
Clear my choice
ge
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