The business is manufacturing 450 units. The cost of manufacturing per unit is Rs. 3.75, making the total variable cost Rs. 1688. Use a one-way data table to analyze the impact of change in per unit manufacturing cost on the total cost.______ is the total cost when the selling price is Rs. 5.5.Options :875247522503150
Question
The business is manufacturing 450 units. The cost of manufacturing per unit is Rs. 3.75, making the total variable cost Rs. 1688. Use a one-way data table to analyze the impact of change in per unit manufacturing cost on the total cost.______ is the total cost when the selling price is Rs. 5.5.Options :875247522503150
Solution
The question seems to be incomplete as it does not provide the necessary information to calculate the total cost when the selling price is Rs. 5.5. However, I can help you understand how to calculate the total cost.
The total cost of manufacturing is calculated by adding the total variable cost to the total fixed cost. In this case, the total variable cost is given as Rs. 1688. The total fixed cost can be calculated by multiplying the cost of manufacturing per unit (Rs. 3.75) by the number of units (450).
Here's the step-by-step calculation:
- Calculate the total fixed cost: 450 units * Rs. 3.75/unit = Rs. 1687.5
- Add the total variable cost: Rs. 1687.5 + Rs. 1688 = Rs. 3375.5
So, the total cost of manufacturing is Rs. 3375.5.
However, to calculate the total cost when the selling price is Rs. 5.5, we need more information such as the number of units sold at this price. If we assume that all 450 units are sold at Rs. 5.5, then the total revenue would be 450 units * Rs. 5.5/unit = Rs. 2475. But this is the revenue, not the total cost.
Without additional information, it's not possible to provide the correct answer from the options given.
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