Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

OR OR 589 79irestion 17:The gifts Company make members from offering chief guests and other dignitarles at functions. A customer wants 4 identical pieces of

OR

image text in transcribed

OR

589 79irestion 17:The gifts Company make members from offering chief guests and other dignitarles at functions. A customer wants 4 identical pieces of hand-crafted gift for 4 dignitaries invited to its function. For this product, the gifts Company estimates the following costs for the 1 unit of the product. t/unit 2,000 Direct variable costs (excluding labour) 1,000 50 hour) Direct labour (20 hours@ 90% learning curve ratio is applicable and one labourer works for one customer's order. () What is the price per piece to be quoted for this customer if the targeted contribution is R1,500 per unit? ()I14 different laborers made the 4 products simultaneously to ensure faster delivery to the customer, can the price at (1) above be auoted? Why? Ps 107 (Nov 2009) The footon

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Audits

Authors: Allan J. Sayle

3rd Edition

0951173901, 978-0951173909

More Books

Students also viewed these Accounting questions