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7. Sung Industries provides the following cost data for its single product: Direct Material Direct Labor Variable Production overheads R16.00 R32.00 R40.00 Variable selling

7. Sung Industries provides the following cost data for its single product: Direct Material Direct Labor Variable Production overheads R16.00 R32.00 R40.00 Variable selling and administration co R24.00 Total Fixed cost: Manufacturing Selling and administrative R112.00 R160 000.00 R80 000.00 The desired rate of return is 40% and the investment is R1 296 000.00. the company has estimated that production and sales will be 12 000 units

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