How can I determine volume if the fixed and variable costs and price of item are known?
Md Ariful Islam
বিএসসি(সিএসই)
,
এমবিএ(মার্কেটিং)
4 views
1 Answers
Dr. Md Rushad Rahman
এমবিবিএস(আরপিএমসি)
,
পিজিটি(মেডিসিন)
In order to calculate volume produced, you will need enough information. If you know the total variable cost (TVC) and unit variable cost (UVC), you can divide them(TVC/UVC) to get the volume produced. The same can be done with total and unit fixed costs.
4 views
Answered