Question: Qatar Trading produces Product A, which has a unit variable cost of QR 7.5 per unit and a fixed manufacturing cost of QR20,000. Each unit

 Qatar Trading produces Product A, which has a unit variable cost

of QR 7.5 per unit and a fixed manufacturing cost of QR20,000.

Qatar Trading produces Product A, which has a unit variable cost of QR 7.5 per unit and a fixed manufacturing cost of QR20,000. Each unit has a selling price of QR 25. Determine the following assuming 60,000 units are produced and sold. a) Fixed cost. b) Variable costs. c) Total costs. d) Total revenue. e) Net income. Qatar Trading produces Product A, which has a unit variable cost of QR 20 per unit and a fixed manufacturing cost of QR80,000. Each unit has a selling price of QR 90. Determine the following assuming 20,000 units are produced and 15,000 units are sold. a) Fixed cost. b) Variable costs. c) Total costs. d) Total revenue. e) Net income

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!