Joel found out that the total cost of operating his juice machine was divided into fixed cost and variable cost .The fixed cost is the cost he incurs even at zero level of production and variable cost is directly proportional to the amount of juice sold.He launched some new flavour of juice and wanted to find the fixed cost associated with it.He found out that his total cost was UGX27500 after selling 150 units and UGX32500 after selling 250 units .Form an equation relating the total cost ,fixed cost and variable cost and determine the fixed cost he incured on launching the new flavour juice.​

Q&A Education