Ask Question
1 October, 04:24

A small clothing firm currently produces 50,000 shirts and blouses per month. The cost of its factory, raw materials, and labor is $500,000. If it is to increase production by 5,000 and that requires and additional labor and raw material expense of $100,000, what is the best estimate of costs of the increase production? a. $5b. $10c. $20d. $50e. $100

+4
Answers (1)
  1. 1 October, 08:23
    0
    Cost per unit = $50

    Explanation:

    Giving the following information:

    A small clothing firm currently produces 50,000 shirts and blouses per month. The cost of its factory, raw materials, and labor is $500,000.

    If it is to increase production by 5,000 and that requires additional labor and raw material expense of $100,000.

    Cost per unit = Total cost/Q=100000/5000 = $50
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A small clothing firm currently produces 50,000 shirts and blouses per month. The cost of its factory, raw materials, and labor is ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers