2017 MAY.[3] Following is the schedule of expenses incurred in a Co. : Direct Materials 18,900, Direct Labour 19,000, Direct Expenses 5,100, Overheads : Fixed 5,000, variable @ 4 per unit 4,800. Units produced: 1200 . Sales @ 50 per unit 60,000. Find out : (a) Total Cost of Production. (b) \% % Profit on sale. (c) Estimated price of Commodity if 2000 units were produced. Ans. [ (a) 52,800 (b) 12% (c) 48.11 per unit ] (Marks 10)