The following figures relate to the production of product X:

If the year’s production is 20,000 units and this product uses 25 per cent of total factory production, the unit cost for product X in accordance with IAS 2 is:
A. :10.
B. :14.
C. :15.50.
D. :17.50.

Transcribed Image Text:

Direct cost: Labour Materials Direct manufacturing overheads 6 per unit 4 per unit 80,000 Indirect manufacturing overheads 120,000 Other company overheads Selling costs 160,000 40,000