The cost of making an article is divided
between materials, labour and overheads
in the ratio 5:3:1. If the materials cost
6.90, then cost of the article is
(b) 313.20
Answers
Answered by
36
Answer:
12.42
Step-by-step explanation:
Cost of materials, labour and overheads is in ratio 5:3:1
Hence, we can assign the respective costs as 5x, 3x and x
Given: Cost of material is 6.90
=> 5x = 6.90
=> x = 1.38
Hence
Cost of material = 5x = 5*1.38 = 6.9
Cost of labour = 3x = 3*1.38 = 4.14
Cost of overheads = x = 1.38
Total cost = 12.42
Similar questions