Calculate the selling price of an order for printing

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Reference no: EM131201799

Practice questions:

Quickprint a jobbing printer, recovers production overheads at £2.50 per direct labour hour and adds 20% for general overheads to the total production costs to arrive at the total cost of a job. A further 25% is added to the total cost to arrive at the selling price.

Calculate the selling price of an order for printing wedding invitations from the following information:

Materials    £30
Labour     4 hours
Wages         £5 per hour

Reference no: EM131201799

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