P119 Kandasan Cricket bats
extension Question
Draw a graph showing these costs for 0,4800 and 6000 bats
If labour costs increased from 50-100LKR per bat show this on a graph for producing 0,4800, 6000 bats
What is the cost per bat of producing 4800 bats?
What is the cost per bat of producing 6000 bats?
Extension Activity:
Work out a firm's Total costs, Average costs, total revenue and profits for output between 0-8000 units given the following information ( all figures are per month):
Rent: $3000
Loan repayments $ 1000
raw material costs $1 per unit
Fuel costs $1 per unit
Labour costs $1 per unit
Selling Price $5 per unitÂ
ANSWERS