Hazelwood Products Ltd, the business we looked at in previous chapters, is thriving. During the first year,
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Hazelwood Products Ltd, the business we looked at in previous chapters, is thriving. During the first year, the workshop made 1,000 bookcases with the same design and size specifications. Production overheads for the year were £20,000; direct materials for each bookcase were £50 and direct labour costs for each bookcase were £80.
What is the production cost of one bookcase?
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