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Select one: Question 14 O a. Not yet answered Marked out of 1.00 Product 1 p Flag question Product 2 14.63 13.25 Ashton Lid produces

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Select one: Question 14 O a. Not yet answered Marked out of 1.00 Product 1 p Flag question Product 2 14.63 13.25 Ashton Lid produces Product and Product 2. Details of these two products are as follows: ob. Product 1 Product 2 Product 1 Product 2 Materials 2 15.00 9.50 Labour t 10 5 O c. Demand (units) 300,000 100,000 Product 1 Product 2 14.10 12.20 O d. Labour is paid at 10 per hour. Material costs 6 per kg. Total overheads are 1,050,000 per annum Assuming overheads are absorbed on the basis of labour hours, what is the total cost of a unit of each product? Product 1 Product 2 14.63 9.31

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