A From the information given below, you are required to:

(a) Prepare a standard cost sheet for one unit and enter on the standard cost sheet the costs to show sub-totals for:

(i) Prime cost

(ii) Variable production costs

(iii) Total production cost

(iv) Total cost

(b) Calculate the selling price per unit allowing for a profit of $15 \%$ of the selling price.

\section*{The following data are given:}

Budgeted output for the year 9,800 units Standard details for one unit:

Direct materials 40 square metres at $£ 5.30$ per square metre.

Direct wages:

Bonding Department -48 hours @ $£ 2.50$ per hour Finishing Department -30 hours @ $£ 1.90$ per hour Budgeted costs and hours per annum:

Variable overhead:

Bonding Department

\begin{tabular}{cc}

$£$ & Hours \\

375,000 & 500,000 \\

150,000 & 300,000

\end{tabular}

150,000 300,000 Fixed overhead: $£$

Production 392,000 Selling and distribution $\quad 196,000$

Administration 98,000