Question-7 Maximum production capacity of JK Ltd. is 5,20,000 units per annum. Details of estimated cost of production are as follows: Direct material 15 per unit. Direct wages *9 per unit (subject to a minimum of 2,50,000 per month). Fixed overheads 9,60,000 per annum. Variable overheads * 8 per unit. Semi-variable overheads are 5,60,000 per annum up to 50 % capacity and additional 1,50,000 per annum for every 25 per cent increase in capacity or a part of it. JK Ltd. worked at 60 per cent capacity for the first three months during the year 2013-14, but it is expected to work at 90 per cent capacity for the remaining nine months. The selling price per unit was 44 during the first three months. You are required, what selling price per unit should be fixed for the remaining nine months to yield a total profit of 15,62,500 for the whole year