For producing 200 chairs, the total fixed cost is R.O 2,000 and total variable cost is R.O 1,500. Find the total cost of production. a. R.O 200 b. R.O 1,500 c. R.O 2,000 d. R.O 3,500
For producing 200 chairs, the total fixed cost is R.O 2,000 and total variable cost is R.O 1,500. Find the total cost of production. a. R.O 200 b. R.O 1,500 c. R.O 2,000 d. R.O 3,500
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 12SQ
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Question
For producing 200 chairs, the total fixed cost is R.O 2,000 and total variable cost is R.O 1,500. Find the total cost of production.
a.
R.O 200
b.
R.O 1,500
c.
R.O 2,000
d.
R.O 3,500
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