Question: a) Given that the variable cost is (2.5/bottle, calculate the fixed costs. Use the data up to June for your calculation. b) Calculate the number

a) Given that the variable cost is (2.5/bottle, calculate the fixed costs. Use the data up to June for your calculation.
b) Calculate the number of bottles for July.
c) Calculate the opportunity cost from June to July.
ABC LTD produces bottles for a new soft drink. The activity levels and costs are shown below: Batch January February March April May June July Number of bottles 5600 5100 4700 4400 4900 3800 ? Cost 75000 70000 65000 60000 55000 50000 60000
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Answers and Explanation a To calculate the fixed costs we need to use the highlow method The highest ... View full answer
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