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) % of Profit on sale. (c) Estimated price of Commodity if 2000 units were produced