What was the cost per light fitting produced

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Reference no: EM131308029

Wyre Electrical manufactures identical light fittings in batches of 40. During November, Wyre Electrical produced 1,327 batches. The total cost incurred in November were (£):

Materials 30,445

Labor 39,396

Other relevant overhead 33,445

1. What was the cost per light fitting produced in November?

The cost was £. (round to two decimals)

2. If customers are charged £7.79 per light fitting, how much profit or loss would Wire Electrical make if 265 light fittings were sold on one day in November?

The loss/profit is £. (round to two decimals)

Reference no: EM131308029

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