Following have been extracted from the accounts of Meera & Co, which is a furniture company.

1) Find the cost of producing each type of table

2) The company wants to make 10% profit over cost on each table then what will be the sale price of each.

in Usd 1100 Wood- direct Material Teak wood Mango Wood Mahogany wood 1500 700 Direct Wages Teak wood Mango Wood Mahogany wood Rate of pay per hour $ 10 $ 15 $20 Total number of Hours 90 110 70 in Usd 15000 30000 Other Overheads Power and Light Rent Insurance of assets Meal charges Depreciation 9000 12000 5% of assets Teak 600 1500000 Mango 450 2400000 Activity driver Area (in sq feet) Value of assets Machine hours and electric Number of employees Direct labour hours Mahogany 250 1500000 2600 25 70 6000 75 90 5000 100 110