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Don't answer if you don't know and within few minutes 42 The cost structure of an article, the selling price of which is Rs. 500, is as follows: Direct material 50% of the total cost Direct labour 30% of the total cost Overhead Balance amount Due to anticipated increase in existing material price by 20% and in the existing labour rate by 10%, the existing profit would come down by 30%, if the selling price remains unchanged. Prepare a comparative statement showing the cost, profit and sale price under the present conditions and with the increase expected for future, assuming the same percentage of profit on cost as at present had to be earned. (Calculations may be made to the nearest rupee.)