Question
Task Wyre Electrical manufactures identical light fittings in batches of 40. During November, Wyre Electrical produced 1,327 batches. The total cost incurred in November were
Task
Wyre Electrical manufactures identical light fittings in batches of 40. During November, Wyre Electrical produced 1,327 batches. The total cost incurred in November were ():
Materials | 30,445 |
Labor | 39,396 |
Other relevant overhead | 33,445 |
1. What was the cost per light fitting produced in November?
The cost was . (round to two decimals)
2. If customers are charged 7.79 per light fitting, how much profit or loss would Wire Electrical make if 265 light fittings were sold on one day in November?
The loss/profit is . (round to two decimals)
PLEASE SPECIFY SOLUTIONS WITH FORMULAR AND DONT JUMP STEPS ,THAT IS ,QUOTE YOUR FORMULAR AS YOU ANSWER THE QUESTIONS AND LET EVERY PARAMETER BE REPRENSENTED IN THE FORMULAR
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