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