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PQR Electronics Ltd. manufactures two products: TV and Refrigerator. Below is the cost and output data: Particulars TV Refrigerator Direct Material 4,00,000 6,00,000 Direct Labour

PQR Electronics Ltd. manufactures two products: TV and Refrigerator. Below is the cost and output data:

Particulars

TV

Refrigerator

Direct Material

₹4,00,000

₹6,00,000

Direct Labour

₹2,50,000

₹3,50,000

Factory Overheads

₹3,00,000

₹4,00,000

Units Produced

2,000

1,000

You are required to calculate:

  1. The cost per unit for each product.
  2. The selling price per unit if a profit of 30% on cost is desired.
  3. The total revenue generated from the sale of both products.
  4. The percentage contribution of each product to the total revenue.

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