Data for questions 3.11 - 3.13 A product that a company manufactures requires 3 kg of material A costing $6.20 per kg and 4 kg of material B costing $5.60 per kg. The product requires 2 hours of labour at a cost of $7.40 per hour. The product is sold in packs of 10 and the packaging for 10 units costs $22. Fixed production costs are $60,000 per annum and selling, distribution and administration costs are $24,000 per annum. The company makes 15,000 units of the product each year