Question

QIA. Merit limited of Gurgaon manufactured and sold 1,000 sewing machines in 2020
Following are the particulars obtained from the records of the company Cost of materials
1,20,000 Wages paid 80,000 Manufacturing expenses 260,000 Supervisor salary 50 000
Rent, rates, and insurance 10,000 Selling expenses 30,000 General expenses 10.000
Sales 4,00,000. The company plans to manufacture 1,200 sewing machines in 2021. You
are required to prepare a statement showing the price at which machines would be sold
so as to show a profit of 10% on the selling price. The following additional informations
supplied to you: (a) The price of materials will rise by 20 per cent on the previous year's
level. (b) Wage rates will rise by 5 per cent. (c) Manufacturing expenses will rise in
proportion to the combined cost of materials and wages. (d) Selling expenses per unit
remain unchanged. (e) Other expenses will remain unaffected by the rise in output​

Answer 1

Answer:

First mark me as brain least

. Than only I will give answer