£2.87
Labor cost is variable cost because labor is paid for every single unit of product is made. For example if labor cost for making 1 unit is 10 then making 10 units will be 100 so as much as production level changing labor cost changing that;s why it is variable cost.
If the selling price of the pen is Rs.10 and the profit is equal to the cost price, we can denote the cost price as Rs.x. The profit can be expressed as Selling Price - Cost Price, which gives us the equation: Rs.10 - Rs.x = Rs.x. Solving this, we get Rs.10 = 2Rs.x, leading to Rs.x = Rs.5. Therefore, the cost price of the pen is Rs.5.
If the profit made by the pen for Rs 10 is equal to its cost, then the profit is equal to the cost. Let's denote the cost price of the pen as x. Therefore, the profit made would also be x. According to the given condition, x = 10. So, the cost price of the pen is Rs 10.
Total cost would be: (Average cost)*8 +10.
Directly variable cost means that which cost is directly related with the number of production of units of products. Example: For example if material amounting 10 is required to produce 1 product unit then total material amount of 100 will be required to produce 10 units of product in this case 10 is the variable cost per unit and 100 is the variable cost for 10 units of product.
The price of a packet of 10 Lambert & Butler cigarettes can vary depending on location and local taxes, but as of my last update, it typically ranges from £10 to £12 in the UK. Prices may fluctuate due to changes in regulations or market conditions, so it's best to check with local retailers for the most accurate pricing.
Jonathan Butler was born on 1961-10-10.
Miranda Lambert was born on November 10, 1983.
Raoul Lambert was born on 1944-10-22.
Oscar Lambert was born on 1890-10-25.
Mary Lambert was born on 1951-10-13.
Gene Lambert died on 2000-02-10.
Ian Lambert was born on 1960-10-11.
Craig Lambert was born on 1968-10-05.
Noeleen Lambert was born on 1982-12-10.
Alex Lambert was born on 1990-12-10.
Miranda Lambert was born on November 10, 1983.