The management has estimated $10.90 variable cost. $14.60 fixed cost to make 100 units using 500 machine hours

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Business Finance

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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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