ASSIGNMENT OF ACC 212 -COST ACCOUNTING 1 FOR PART TIME

                         PATRIOT ODUNARO BABATUNDE JIMOH (08038454008)

                               "IN ALL YOUR GETTING GET WISDOM". 

NOTICE: STUDENTS DON`T COPY YOURSELVES, JUST BE YOURSELF. IT IS WELL WITH OUR SOUL ALLAHUMO KUNFAYAKUN AMIN.

TO WHOM: 

* ND ACCOUNTANCY DEPARTMENT 

*ND  BUSINESS ADMINISTRATION

* PRE-HND ACCOUNTANCY AND BUSINESS ADMINISTRATION 

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ASSIGNMENT  FOR PART TIME

Feyinkogbon 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

                                                    BEST OF LUCK!