answer plz

B) A shop-floor supervisor of a small factory presents the following per unit cost for job No. 421 to determine the selling price: Rs. 70 45 Materials Direct wages(18 hours @2.50)(department X 8 hours, Department Y 6 hours, Department Z 4 hours) Chargeable expenses (special stores items) 5 120 40 160 Add 33.33 percent for expenses Total Analysis for the profit and loss Account for the current year shows the following Rs. Rs. 150,000 Rs. 250,000 Sales less returns 10,000 12.000 8.000 Material Used Direct wages: Department X Department Y Department Z Special Stores Items Overheads: Department X Department Y Department Z Gross Profit C/d 30,000 4,000 5,000 9,000 2,000 16,000 50,000 250,000 20,000 30,000 50000 250,000 50,000 Gross Profits b/d Selling Expenses Net Profit 50,000 It is also noted that average hourly wage rates for the 3 departments X, Y and Z are similar. Direct labour-hour method is followed to absorb overheads. You are required to: i) ii) iii) Calculate revised cost for the current year, using actual figures as basis (05 Marks) Add 20 percent to total cost to determine selling price. (02 Marks) The above question (i) Material cost increased by 200% and direct wage increased by 300 % other cost has no changes. Add 40 percent to total cost to determine selling price. (03 Marks) (Total: 25 Marks) Page 4 of 4