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4 . Following are the particulars of Pranav Company of its product: Estimated annual sales 2 4 0 0 0 unit Estimated Cost: ( 1

4. Following are the particulars of Pranav Company of its product:
Estimated annual sales 24000 unit
Estimated Cost:
(1) Material Per Unit Rs.40
(2) Labor Per Unit Rs.6
(3) Indirect Exp. (Annual) Rs.2,40,000
(4) Administrative Exp. (annual) Rs.2,88,000
(5) Selling Exp. 15% of sales
If profit per unit is Rs.10 find out selling price of the product

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