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A company sells its product at rs. 15 per unit. in a period if it produces and sells 8,000 units, it incurs a loss of rs. 5 per unit. if the volume is raised to
A company sells its product at Rs. 15 per unit. In a period if it produces and sells 8,000 units, it incurs a loss of Rs. 5 per unit. If the volume is raised to 20,000 units it earns a profit of Rs. 4. Variable cost per unit will be Anonymous Quiz Rs. 9 per unit Rs. 4.5 per unit Rs. 5 per unit Rs. 6 per unit
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Rucha rajesh shingvekar![best-answer]()
The Break Even point : Fixed Cost / Contribution per unit. Here to calculate contribution per unit we need price and variable cost per unit. Price is Rs.15 and for variable cost per unit we will use high low method. So total cost at8000 unit level : total sales +/- Loss/profit. here (8000*15)+(8000*5)=160000 So total cost at20000 unit level : total sales +/- Loss/profit. here (20000*15)-(20000*4)=220000 As per High low method: / =5 So5 is the variable cost per unit.
High low method? Any formula!
use formula