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A utensil-manufacturing firm produced and sold 500 utensils in the month of September 2013. The cost and revenue figures for the month for the month
A utensil-manufacturing firm produced and sold 500 utensils in the month of September 2013. The cost and revenue figures for the month for the month of September 2013 are given below:
Direct material = Rs. 10,00,000
Indirect material = Rs. 30,000
Direct labour = Rs. 5,00,000
Indirect labour = Rs. 30,000
Fixed FOH = Rs. 40,000
Variable FOH = Rs. 5,00,000
Revenue = Rs. 25,00,000
Find the contribution margin and the breakeven monthly number of utensils
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