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Dec 2011 Q1 (Mackerel)

This topic has 2 replies, 2 voices, and was last updated 7 years ago by Ken Garrett.

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February 6, 2018 at 2:14 pm #435484
sss111
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Can you explain how they calculated the variable cost figures (23,985,800. 35,978,700. 47,971,600) please ?
February 6, 2018 at 4:59 pm #435511
Ken Garrett
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I am currently away with limited Internet. Not able to easily access papers until 15 Feb.
February 7, 2018 at 8:21 pm #435748
Ken Garrett
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Appendix 1 shows variable costs of 46972. Multiply this by 500, 750 and 1000 to get total vc. There is some rounding.
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