Calculate the selling price per unit allowing for a profit of 15% of the- selling...
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Accounting
Calculate the selling price per unit allowing for a profit of 15% of the- selling price.
The following data are given:
Budgeted output for the year 9800 units standard details for one unit:
Direct materials 40 square meters at Rs. 5.30 per square meter
Direct wages:
Bonding department 48 hours at RS. 12.50 per hour
Finishing department 30 hours at RS. 7.60 per hour
Budgeted costs and hours per annum:
Rs Hours
Variable overhead:
Bonding department 375,000 500,000
Finishing department 150,000 300,000
Production 392,000
Selling and Distribution 196,000
Administration 98,000
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