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In a month, we have 30 days and each day we produce 100 units. The required data can be given as below: Administration cost: $3,000
In a month, we have 30 days and each day we produce 100 units. The required data can be given as below: Administration cost: $3,000 per month Material Cost (30% is indirect): $12,000 per month Advertising cost: $4,000 per month Labour Cost (40% is indirect): $10,000 per month Insurance Cost of furniture in the Marketing Department: $20,000 per month Research Expense: $50 per month Repairing Cost: $100 per month Maintenance Cost: $75 per month Electricity cost: $50 per day Required: Please calculate cost of a single product?
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