A plant produces a product in the quantity of 10,000 units at a cost of ₹3 per unit. If 20,000 units are produced, the cost per unit will be ₹2.50. Selling price per unit is ₹4. The variable cost per unit will be :
CS Executive · Cost and Management Accounting · PYQS · June 2017
A plant produces a product in the quantity of 10,000 units at a cost of ₹3 per unit. If 20,000 units are produced, the cost per unit will be ₹2.50. Selling price per unit is ₹4. The variable cost per unit will be :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Cost Concepts
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