Look at your schedule in answer to 44.1(i) and answer the following:

(a) What are the total costs at production levels of 

(i) 4,000 units; 

(ii) 7,000 units; 

(iii) 9,000 units;

(iv) 5,500 units? 

You will have to deduce this amount as it is not shown as a figure on the schedule.

(b) What is the total revenue at 

(i) 3,000 units; 

(ii) 8,000 units; 

(iii) 5,500 units?

Data from Questions 44.1(i)

You are required 

(i) to draft a schedule as follows filling in the columns (a) to (f) for each stage of 1,000 units up to 10,000 units.

Transcribed Image Text:

No. of units 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 (a) Fixed cost £ (b) Variable cost £ (c) Total cost £ (d) Revenue £f (e) Profit £ (f) Loss £