The information relating to a firm is given below. If the firm is producing at 100% capacity of its product, then calculate TC, TFC, TVC, AFC, AVC if the firm is operating at 80% of its capacity.
Rent - 10,000
Number of workers employed - 50
Salary paid to each worker - 200
Interest on capital - 5,000
Raw material purchased - 6,000
Electricity bill - 1,000 (of 100 units)
Total quantity produced - 100
Insurance premium paid - 1,500
ADDITIONAL INFORMATION :
??Out of total workeres, 30 are seasonal.
Electricity bill for producing 30 units were compulsory.
Telephone bill was paid rs. 2,000 for 800 calls. Out of which 250 calls were compulsory.6
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