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Question Three Kabuga press limited was asked to quote for supplying 5,000 and 25,000 booklets. The company normally expects a profit of 10% on sales.

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Question Three Kabuga press limited was asked to quote for supplying 5,000 and 25,000 booklets. The company normally expects a profit of 10% on sales. Costs were reckoned to be N Paper and other materials (per 1,000 copies) 30.00 Wages (per 1,000 copies) 20.00 Layout cost 500.00 Fixed overhead 200.00 Variable overhead, 12% of wages Required: Draft a cost computation, showing minimum selling prices that might be quoted per 1000 copies for each of the supplies

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