In a factory, two types of fans are produced namely Popular and Proxy. Ascertain the cost and profit per unit sold from the following particulars:
|
Popular |
Proxy |
|
|
Materials |
8,200 |
9,450 |
|
Labour |
4,450 |
4,900 |
Works overhead is 60% of labour and office overhead is 20% on works cost. The selling expense per fan sold is Re 1. The selling price of Popular fan is Rs. 275 and Proxy fan is Rs. 400.
40 units of popular and 50 units of Proxy are sold. There is no opening and closing stock.