ing Strategies & Pricing Decisions - In January 2007 a carpet manufacturer desired to quote for a contract for the supply of 2,500 carpets. From the following data, prepare a statement showing the price to be quoted to percentage of profit on turnover as was realized during the six months ending on 31 March, 2012 : atement Showing Results of Six Months ended on 31st give the same March, 2012 Particulars Raw Materials: Opening stock Closing stock Purchases Particulars Finished goods : Closing Stock 10,000 13,000 Sales 15,000 11.59 (in thousands) 11,000 54,000 5,000 Overheads Factory Wages 30,000 (16.67% of Wages) The number of carpets manufactured during the six months were 6,000. The carpets to be quoted are of uniform size and quality and similar to those manufactured during the previous six months. From 1st April, 2012 the cost of direct labour will increase by 20%. Ans. Price per carpets 13,500.] 5