production cost, selling cost and sundry cost
If the profit made by the pen for Rs 10 is equal to its cost, then the profit is equal to the cost. Let's denote the cost price of the pen as x. Therefore, the profit made would also be x. According to the given condition, x = 10. So, the cost price of the pen is Rs 10.
Because the production manager's salary remains the same, regardless of the production level, this salary is a fixed cost, not a variable cost.
If it varies with the level of production then it is variable cost otherwise it is fixed cost.
Periodic cost is that cost which donot related with production of units and it must be incurred no matter production is done or not like depreciation.
it depends on were u get that pen
depends on the pen and pen editions from $25 to $550
it depends on were u get that pen
A normal pen like a Bic would cost 50p A pen with a design on it or feather or even light - up pens cost 1.50 and over (Depending on the design)
cost of production formula
production cost, selling cost and sundry cost
cost of production is the amout of money spend on the production of a perticular comodites.
It cost about three pennies.
If the profit made by the pen for Rs 10 is equal to its cost, then the profit is equal to the cost. Let's denote the cost price of the pen as x. Therefore, the profit made would also be x. According to the given condition, x = 10. So, the cost price of the pen is Rs 10.
"How much does the pen cost?" Some places will use the short form, bolí, and many people use the word pluma for pen.
It has a lower opportunity cost for production of that good.
12p