Solution-Calculate the fixed costs included in the

Calculate the fixed costs included in the semi-variable cost

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Reference no: EM133051685

Question - ABC Ltd has produced the following budgets for two possible sales levels for the next budget period. The company uses the high-low method to separate costs into variable and fixed components

Production & sales (units)	5000	7000
Costs	N$	N$
Material	15,000	21,000
Labour	20,000	28,000
Production overheads	15,000	17,000
Admin overheads	11,000	11,000
Total costs	61,000	77,000

Required -

1. Calculate the variable cost per unit for the semi-variable cost.

2. Calculate the fixed costs included in the semi-variable cost.

Reference no: EM133051685

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Calculate the fixed costs included in the semi-variable cost

Reference no: EM133051685

Reference no: EM133051685

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