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It Is Known That a Factory Has Some Fixed and Some

question 22

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It is known that a factory has some fixed and some variable costs.In one month,the output was 12,000 units and the cost £30,000.The following month,output had increased to 15,000 units and the cost was £36,000.
How much are the fixed and variable elements of production?

Understand the benefits and challenges of just-in-time (JIT) manufacturing systems in supply chain management.
Comprehend strategies for managing international operations and the benefits of global production.
Understand different types of journals and ledgers used in accounting.
Identify the appropriate journal or ledger to record various transactions.

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