The following particulars are obtained from the records of a factory:
|
Materials issued |
1,28,000 |
|
Wages paid |
1,12,000 |
|
Factory overheads |
60% of wages |
|
Materials returned to stores: |
1,600 |
|
Materials transferred to other jobs: |
800 |
10% of the production has been scrapped as bad and a further 20% has been brought up to the specification by increasing the factory overheads to 80% of wages. If the scrapped production fetches only Rs. 940, find the production cost per unit if the finished product of the total production (including the quantity scrapped) is 100 units.