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 %3D is 18,000. Fixed Variable Cost Cost Material used in Production 88,000 40,000 Labour used in Production 42,000 38,500 Production Facilities cost 37,000 29,500 TOTAL COST 167,000 108,000 Select one: a. Y = 167,000+V*6 Ob. Y 167,000+V*18 c. Y = 275,000+V*108 d. Y = 108,000+V*275

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter15: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 3CMA: A firm has 100,000 in direct materials costs, 50,000 in direct labor costs, and 80,000 in overhead....
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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
%3D
is 18,000.
Fixed
Variable
Cost
Cost
Material used in Production
88,000
40,000
Labour used in Production
42,000
38,500
Production Facilities cost
37,000
29,500
TOTAL COST
167,000 108,000
Select one:
• a. Y = 167,000+V*6
%3D
b. Y = 167,000+V*18
c. Y = 275,000+V*108
d. Y 108,000+V*275
%3D
Transcribed Image Text: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 %3D is 18,000. Fixed Variable Cost Cost Material used in Production 88,000 40,000 Labour used in Production 42,000 38,500 Production Facilities cost 37,000 29,500 TOTAL COST 167,000 108,000 Select one: • a. Y = 167,000+V*6 %3D b. Y = 167,000+V*18 c. Y = 275,000+V*108 d. Y 108,000+V*275 %3D
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