EXERCISE 3: To make a Product H you need: 7 meters of iron, 8 kilos of cement, It is known that with a liter of paint you can finish 7 units of Product H. The personnel who work in our company are as follows: 1 master welder hired with a taxable salary of $ 380,000, 1 bricklayer hired with a taxable salary of $ 350,000, 1 Foreman hired with a taxable salary of $ 460,000. Transactions carried out to start production: The rent for the use of the workshop is paid monthly at $ 150,000. 500 meters of iron are purchased at $ 3,689 VAT Included, each meter. 500 kilos of special cement are purchased at $ 2,100 plus VAT per kilo. 30 liters of paint are bought at $ 800 plus VAT per liter. At the end of the month, 20 Product H were produced, of which 19 were sold. REQUESTED: Determine the cost of each product, use the cost sheet, the Income Statement, if you want to obtain a return on sales of 35%

VAT = 19%