The-management-has-estimated-10-90-variable-cost-14-60-fixed-cost-to-make-100-units-using-500-machine-hours
i} The management has estimated $10.90 variable cost. $14.60 fixed cost to make 100 units using 500 machine hours. Since machine hours drives the variable cost. Compute the total cost.
ii}Compute the total cost of 550 units for an hour.
iii}Suppose production of one unit consumes 550 hours. What would be the total cost of producing 100 units.
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