Question
Qs 4: Ali limited has to prepare a quotation for a customer to sell 250 units for product No.100. Details are given below. Direct Material
Qs 4: Ali limited has to prepare a quotation for a customer to sell 250 units for product No.100. Details are given below. Direct Material $14.10 per unit
Direct Labor - Machining department ($7.80 per hour) and 50 minutes are required per unit Direct Labor- Assembly department ($6.30 per hour) and 12 minutes are required per unit Factory overhead Machining department ($5.14 per hour) and 30 minutes are required per unit Factory overhead Assembly department ($6.48 per hour) and 12 minutes are required per unit The company wants to keep 35% profit on sales for this order. Calculate cost for 250 units and what is the sales value and profit amount? (Marks 3)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started