In a month, we have 30 days and each day we produce 100units. The required...

50.1K

Verified Solution

Question

Accounting

In a month, we have 30 days and each day we produce 100units. The required data can be given as below:Administration cost: $3,000 per monthMaterial Cost (30% is indirect): $12,000 per monthAdvertising cost: $4,000 per monthLabour Cost (40% is indirect): $10,000 per monthInsurance Costof furniture in the MarketingDepartment: $20,000 per monthResearch Expense: $50 per monthRepairing Cost: $100 per monthMaintenance Cost: $75 per monthElectricity cost: $50per dayRequired: Please calculate cost of a single product?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students