The output of the factory is 2000 units and the expenses are as follows:
Fixed cost – 10,000, variable cost – 8000, and semi-variable (40% fixed) – 9000.
In April 2013 if the output is likely to increase by 500 units, then find the budget or estimate expenses.
1
Rs. 22,250
2
Rs. 30,350
3
Rs. 21,250
4
Rs. 20,250