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COST ACCOUNTING - IPCC

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 January 2011 My dear professional brothers ,

I am unable to solve the following sum of Marginal Costing.

Segregation of Variable cost by using least square method

M = Variable Cost
C = Fixed Cost

1200 = 150m + C
1275 = 200m + C

Please clarify it by illustrating its working.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
24 January 2011 50m = 75
m = 1.5

c = 1200-225= 975

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