The details of cost and sales of a firm at an output level of 60000 units are as follow:
Sales 150000
Raw material 66000
Labour. 33000
Semi veriable overhead 11000
Fixed overheads 11000
Profit 10000
Semi veriable overhead include fixed cost of RS 12000. If the firm wants to maintain the profit at a present level of RS 10000. What selling price it should fix at the output level of 110000 units.
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