pass solve it's urgent
Attachments:
Answers
Answered by
1
Total cost of production = 500
Factory cost = 80% of 500 = 400. Balance is office overheads, 100.
Factory overheads are 150% of office overheads, or 150% of 100 = 150.
Prime cost = Material plus Labour = Factory cost minus Factory overheads = 400 - 150 = 250.
Material is 0.25 of Labour. Or labour is x then material is 0.25x.
Here, 0.25x + x = 250 = Prime cost.
x = 250/1.25 = 200.
Material = 0.25 x 200 = 50.
Factory cost = 80% of 500 = 400. Balance is office overheads, 100.
Factory overheads are 150% of office overheads, or 150% of 100 = 150.
Prime cost = Material plus Labour = Factory cost minus Factory overheads = 400 - 150 = 250.
Material is 0.25 of Labour. Or labour is x then material is 0.25x.
Here, 0.25x + x = 250 = Prime cost.
x = 250/1.25 = 200.
Material = 0.25 x 200 = 50.
Similar questions