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LMN Automobile Ltd. manufactures two types of vehicles: Cars and Bikes. Below is the cost and output data: Particulars Cars Bikes Direct Material 10,00,000 7,00,000
LMN Automobile Ltd. manufactures two types of vehicles: Cars and Bikes. Below is the cost and output data:
Particulars | Cars | Bikes |
Direct Material | ₹10,00,000 | ₹7,00,000 |
Direct Labour | ₹5,00,000 | ₹3,00,000 |
Factory Overheads | ₹8,00,000 | ₹4,00,000 |
Units Produced | 500 | 200 |
You are required to calculate:
- The cost per unit for each type of vehicle.
- The selling price per unit if a profit of 30% on cost is desired.
- The total revenue generated from the sale of both types of vehicles.
- The percentage contribution of each type of vehicle to the total revenue.
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