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Solve theoritically please. 2.7. Determine the amount of fixed cost from the following information: Sales = Rs. 24000 Direct material = Rs. 80000 Direct labour

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Solve theoritically please.

2.7. Determine the amount of fixed cost from the following information: Sales = Rs. 24000 Direct material = Rs. 80000 Direct labour = Rs. 50000 Overheads with respect to production volume =Rs. 20000 Profit = Rs. 50000

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