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process required 2. Section 2 Q3. You are given...

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Accounting

process required
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2. Section 2 Q3. You are given the following data for 3 models made by Fossil Limited Alte moted on Diesel Seiko Rado 8 Particulars Direct Labour Cost per Units Direct Material cost per units Number of units Sold Selling Price $ 7 12 5 14 15 10000 4500 5300 80 95 110 S000 Overheads Purchasing 70 Production control 80 25 Maintenance and depreciation Set-Up Supervision 30 40 % to direct labor cost Overhead recovery basis Required: Determine the Profit and Profit Margin for Fossil Limited. Rank the three models in terms of their Profit and profitability

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