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- The following information has been gathered for a company doing jobbing work only for 2013: a) Materials Consumed Rs. 4,00,000/- b) Direct Labour Rs.
- The following information has been gathered for a company doing jobbing work only for 2013: a) Materials Consumed Rs. 4,00,000/- b) Direct Labour Rs. 3,00,000/- c) Factory Overheads Rs. 2,40,000 d) Office and Administrative Expenses Rs. 94,000 e) Sales Rs. 12,40,800. The company has to quote for a job to be undertaken in February, 2014. It is estimated that the job will require materials costing Rs. 30,000 and direct wages for it will be Rs.45,000. What should be the quotation? a) Rs. 146520/- b) Rs. 150000/- c) Rs, 120200/- d) Rs, 165400/-
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