Question 1 Great-Day PLC is an office equipment manufacturer supplying desks, office chairs and storage furniture. Over the years the costs this business faces change as do the quantities of the different goods used in the manufacture of their products. The table below gives details about these costs and quantities for three different time periods 2005 2010 Labour E4.89 991 67.54 n/a (per hour) hours Wood f401 612 E612 n/a (per ton) tons Sheet Steel f10.98 7500 E11.04 n/a (per metre2) metres Fastenings E0.18 70000 E0.54 n/a (per unit) units Machinery repair E506 1 6526 n/a (per service) Using an appropriate method, compile a weighted price index for 2010 using 2005 as the base year