ASSIGNMENT ON ACC 212- COST ACCOUNTING 1 FOR BOTH FULL TIME AND PART TIME

ASSIGNMENT 2

Alatise Manufacturing Company provides the following information relating its cost

    function  as given below:

    TC =  3 p³  +  15p²  - 15p  + 100

    Where P = N50   and Q = 100 units

     Required: Calculate:

     (a)  i.  Fixed Cost     ii.  Variable Cost     iii. Mixed Cost    iv. Variable Cost per unit

           v.  Average Fixed Cost    vi.  Average Cost  

     (b)  Use the information in “a” above to prove that:

            Average Fixed Cost = Average Cost   -  Variable Cost per unit

                    PATRIOT ODUNARO B.J (08038454008)

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