Question

the sivika &co.ltd has received an enquiry for supply of 10,000 steel folding chairs .the cost are estimated as under :
raw materials- 1,00,000 kgs ar Rs.1 per kg
direct wages- 10,000 hours at 4 per hour
variable overheads - factory Rs.2.40 per labour hour ,selling and distribution Rs.16000
fixed overheads- factory Rs.6000 selling and distribution Rs.14000
prepare statement showing the price is to be fixed which will result in a profit of 20% on selling price.
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Answer 1

Answer:

sorry this is a great question .

Explanation:

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Answer 2

Answer:

I need answer of the problem ASAP pls somebody help