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1. For production of 10,000 electrical automatic irons, the following are budgeted expenses Per unit Direct materials OMR Direct labour Variable overheads Fixed overheads (Rs.
1. For production of 10,000 electrical automatic irons, the following are budgeted expenses Per unit Direct materials OMR Direct labour Variable overheads Fixed overheads (Rs. 1,50,000) Variable expenses (direct) Selling eX}Jenses (10% fixed) Administration expenses (Rs. 50,000 rigid for all levels of production) Distribution expenses (20% fixed) 60 30 25 15 5 15 5 5 Total cost per unit 160 Prepare a budget for production of 6,000, 7,000 and 8,000 irons showing distinctly marginal cost and total cost
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