Answer to Question #30768 in Economics of Enterprise for ravinder
Q5. The following data are related to the manufacture of a standard product during the month of July 2009.
Raw materials consumed
Direct wages Rs. 9,000
Machine hours worked 900 hours
Machine hours rate Rs.5
Administrative overheads 20% of works cost
Selling overheads Re.0.50 per unit
Units produced 17,100
Units Sold 16,000 @ Rs.4 per unit
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