Question:
Some selected cost data for a batch of 2000 units of Product C are given below
|
Direct materials + Direct labour
|
$125,000
|
|
Factory Overheads
(all indirect, 40% variable)
|
$37,500
|
|
Administration Expenses
(20% variable)
|
$60,000
|
|
Selling & Distribution
($20,000 Variable)
|
$60,000
|
Determine the following:
(a) prime cost per unit
(b) Total fixed costs
(c) Variable costs per unit