Question 4
A soap manufacturing unit produces 5000 boxes of soap at a total cost of Rs. 250,000. The variable cost per box of soap is Rs. 20. What is the average cost per box of soap?
Rs. 250
Rs. 50
Rs. 12500
Rs. 5
Question 4: A soap manufacturing unit produces 5000 boxes of soap at …
Show answer
Correct answer
Rs. 50
Question 4 of 10 in the IIT Madras BS Business Data Management (BDM) Quiz 1 paper sat on 16 Jul 2023, in the May 2023 term (IIT M DIPLOMA AN2 EXAM QPD2 16 JULY 2023). It carries 1 mark.
More questions from this paper
- Match the following: | i. Total utility | a. Satisfaction gained from consuming one additional unit of good or service …
- Theoretically, a customer will keep buying an item as long as of the item is the per unit price of the item.
- Which of the following is the single best differentiator between luxury and normal goods?
- When a consumer reaches the point of satiation or overconsumption, the customer’s:
- _ is a measure of a company's liquidity and short-term solvency.
- Total utility is maximum when:
- Total utility _ at (a / an) _ rate when marginal utility is decreasing but positive.
- A Company has the following information for the fiscal year ending December 31, 2022: • Current Assets: \800,000\ Curre…
- Quick ratio of a company with current liabilities of Rs. 1 crore is 0.6. If the company liquidates some long-term asset…