Plugg Electrical manufactures identical light fittings in batches of 20. During July. Plugs Electrical produced 1,122 batches. The total costs incurred in July were (E) Materials 83,070 Labour 72,402 Other relevant overhands 66,070 Required: 1. What was the cost per light fitting manufactured in July? 2. If customers are charged 8.49 per light fitting, how much profit or loss would Plugg Electrical make if 112 light Fittings were sold on one day in July? U Requirement 1 Firstly, the cost per baich can be found by this formula: g eg Total costs) Batches of light fitings produced in July The cost per batch can then be found by inserting the values into the formula: (Round to two decimal plates.) per batch ti Now that you know the cost per satch, the cost of the light fitting lin /p) can be calculated to the newest penny) Cost percup Number lightings perlight Requirement 2 The profit or loss per light fitting can be calculated by this formula de Selling price per lighting Cost price per light fitting mert vauns into the forma (post is greater than saling price, insect a minus sign before the amount of seper light Guling in your wo deca S e The total profit or loosiin Lip if the company selle 112 light fatings can now be clerulined by this formula (give your answer tattoo decimal post you can everal los insert a mis sentiefore the amount of the loss T12