Reference no: EM132552716

Question 1: 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