ICAEW ACA Business Insight And Performance Practice Questions - ICAEW ACA Certificate Level - Business Insight And Performance Exam

Continuing the high-low data (variable cost £6/unit; total cost £85,000 at 10,000 units), what is the total fixed cost?

£24,000 £60,000 £85,000 £25,000

Correct Answer:

£25,000

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