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4 (9 marks) Nirvana Ltd sells one product, X100. The following information is available: Sales price per unit R 145 Direct material cost per unit

4 (9 marks) Nirvana Ltd sells one product, X100. The following information is available: Sales price per unit R 145 Direct material cost per unit R 25 Direct labour cost per unit R 20 Variable manufacturing overhead cost per unit R 7 Fixed manufacturing overheads (total) R 650,000 Variable selling and administrative cost per unit R 10 Fixed selling and administrative costs (total) R 245,000

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