Solution-Calculate total production costs for the month

Calculate total production costs for the month

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Reference no: EM132560971

Addis Company is using the account analysis approach to identify the behavior of production costs for a month in which it produced 350 units. The production manager was asked to review these costs and provide her best guess as to how they should be categorized. She responded with the following information: Total Cost $ Variable cost $ Fixed cost $ Material used in production 270,000 270,000 0 Direct labour cost 134,000 130,000 4,000 Production facility costs 103,000 100,000 3,000

Required:

Question a) Describe the production costs in the equation form Y = f + vX

Question b) Assume Alta intends to produce 400 units next month. Calculate total production costs for the month.

Reference no: EM132560971

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Calculate total production costs for the month

Reference no: EM132560971

Reference no: EM132560971

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