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Calculate the variable cost per unit of Product P

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Reference no: EM132853078

Problem - Jimco makes and sells a single product. Product P, from its base in Labadi. It is currently producing 112,000 units per month and is operating at 80% of full capacity. Total monthly costs at the current level of capacity are GHC611,00. At 100% capacity, total monthly costs would be GHC695,000. Fixed costs 1would be same per month at all levels of capacity between 85% and 100%. Calculate the variable cost per unit of Product P and total fixed costs per month.

Reference no: EM132853078

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