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What are some of the factors influencing the determination of economic lot size in batch costing?a)Set up cost, manufacturing cost, interest on capital, storage cost, and rate of consumption.b)Direct labor, direct materials, and overhead costs.c)Selling price, administrative overhead, and gross profit margin.d)Market demand, competition, and advertising expenses.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What are some of the factors influencing the determination of economic lot size in batch costing?a)Set up cost, manufacturing cost, interest on capital, storage cost, and rate of consumption.b)Direct labor, direct materials, and overhead costs.c)Selling price, administrative overhead, and gross profit margin.d)Market demand, competition, and advertising expenses.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What are some of the factors influencing the determination of economic lot size in batch costing?a)Set up cost, manufacturing cost, interest on capital, storage cost, and rate of consumption.b)Direct labor, direct materials, and overhead costs.c)Selling price, administrative overhead, and gross profit margin.d)Market demand, competition, and advertising expenses.Correct answer is option 'A'. Can you explain this answer?.

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