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What are the expected costs in year

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Reference no: EM132978597

Question - A company has recorded the following costs over the last three years:

Year Volume of production in units Total Cost £ Price Level Index

1 160,000 2,770,000 100

2 140,000 2,551,500 105

3 110,000 2,092, 800 109

What are the expected costs in year 4 when the output is planned to be 130,000 units and the price level index is expected to be 113?

Reference no: EM132978597

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