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EFG Electronics Ltd. manufactures two products: Mobile Phones and Laptops. Below is the cost and output data: Particulars Mobile Phones Laptops Direct Material 8,00,000 10,00,000
EFG Electronics Ltd. manufactures two products: Mobile Phones and Laptops. Below is the cost and output data:
Particulars | Mobile Phones | Laptops |
Direct Material | ₹8,00,000 | ₹10,00,000 |
Direct Labour | ₹5,00,000 | ₹7,00,000 |
Factory Overheads | ₹6,00,000 | ₹8,00,000 |
Units Produced | 3,000 | 2,000 |
You are required to calculate:
- The cost per unit for each product.
- The selling price per unit if a profit of 25% on cost is desired.
- The total revenue generated from the sale of both products.
- The percentage contribution of each product to the total revenue.
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