Subject category:
Finance, Accounting and Control
Published by:
Ivey Publishing
Version: 2000-11-27
Length: 4 pages
Data source: Published sources
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Abstract
Based on a preliminary analysis, the inventor of a licence plate protector believes the product would be viable. He collects information on the investments and costs necessary for production, and develops a selling price. But has he correctly identified the fixed, variable and step costs in his analysis?
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Abstract
Based on a preliminary analysis, the inventor of a licence plate protector believes the product would be viable. He collects information on the investments and costs necessary for production, and develops a selling price. But has he correctly identified the fixed, variable and step costs in his analysis?