A sole trader produced 4,000 units in the first three months of the year. The costs...

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A sole trader produced 4,000 units in the first three months of the year. The costs were as follows: Total fixed costs 184,000 Total semi-variable costs were found to be 50% of relevant fixed costs Variable costs per unit of 162. Required: Calculate the total cost of each unit. A sole trader produced 4,000 units in the first three months of the year. The costs were as follows: Total fixed costs 184,000 Total semi-variable costs were found to be 50% of relevant fixed costs Variable costs per unit of 162. Required: Calculate the total cost of each unit.

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To calculate the total cost of each unit we need to consider both the fixed co... View the full answer