A company manufactures a single product which has the following cost structurebased on a production budget
A company manufactures a single product which has the following cost structure based on a production budget of 10,000 units. Materials – 4 kg at $3/kg $12 Direct labour – 5 hours at $7/hour $35 Variable production overheads are recovered at the rate of $8 per direct labour hour. Other costs incurred by the company are: $ Factory fixed overheads 120,000 Selling and distribution overheads […]