Using the information for Petra Pots Ltd in question 4, construct a statement that shows the elements

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Using the information for Petra Pots Ltd in question 4, construct a statement that shows the elements of total cost for one unit (as this is a very simple business, you can apportion the overheads by dividing them by the number of units produced). In addition, calculate the selling price of one unit if the business requires a profit margin based on 50% of the production cost.

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