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Find the total fixed cost and variable cost per unit

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Reference no: EM132884722

Question - The following data have been extracted from the accounts of REF plc.

Production volume (units) 1,000 £/unit 2,000 £/unit

Variable materials 4.00 4.00

Variable labour 3.50 3.50

Production overhead - department 1 6.00 4.20

Production overhead - department 2 4.00 2.00

Required - Find the total fixed cost (FC) and variable cost per unit (VC)?

Reference no: EM132884722

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