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Job costing as per new syllabus illustration 7 How to calculate set-up cost in (i) please help
Answers (1)
First no of set up should be found which is annual demand divided by production batch size that is from 4,000 till 10,000 and then it should be multiplied with set up cost per set up of , for example batch size of 4000 , 50000/4000 which is 12.5and set up cost =12.5*100=1,250