{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-29T01:30:10-04:00", "answer_date": "2024-06-29 01:30:10", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4439699", "url": "\/study-help\/questions\/the-managing-director-of-a-company-producing-consumer-durables-seeks-4439699", "question_creation_date_js": "2024-06-29T01:30:10-04:00", "question_creation_date": "Jun 29, 2024 01:30 AM", "meta_title": "[Solved] The Managing Director of a company produc | SolutionInn", "meta_description": "Answer of - The Managing Director of a company producing consumer durables seeks your assistance in the matter of fixation of sell | SolutionInn", "meta_keywords": "managing,director,company,producing,consumer,durables,seeks,assistance,matter,fixation,selling,price", "question_title_h1": "The Managing Director of a company producing consumer durables seeks your assistance in the matter of fixation of selling price for one of its products", "question_title": "The Managing Director of a company producing consumer durables seeks your assistance", "question_title_for_js_snippet": "The Managing Director of a company producing consumer durables seeks your assistance in the matter of fixation of selling price for one of its products called 'X' The cost structure of product 'X', the unit selling price of which is Rs 45,000 is as under Direct Material 50 , Direct Labour 20 , Overheads 30 An increase of 15 in the cost of materials 25 in the cost of labour is anticipated These increased costs in relation to the present selling price would cause a 25 decrease in the amount of present profit per unit of X You are required to prepare statement of profit per unit as at present and also find out the revised selling price to produce the same percentage of profit to sales as before ", "question_description": "

The Managing Director of a company producing consumer durables seeks your assistance in the matter of fixation of selling price for one of its products called 'X'. The cost structure of product 'X', the unit selling price of which is Rs.45,000 is as under: Direct Material 50%, Direct Labour 20%, Overheads 30%. An increase of 15% in the cost of materials & 25% in the cost of labour is anticipated. These increased costs in relation to the present selling price would cause a 25% decrease in the amount of present profit per unit of X. You are required to prepare statement of profit per unit as at present and also find out the revised selling price to produce the same percentage of profit to sales as before.<\/p>", "transcribed_text": "", "related_book": { "title": "Cost Management Measuring Monitoring And Motivating Performance", "isbn": "1118168879, 9781118168875", "edition": "2nd Canadian Edition", "authors": "Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/635f99b5717e0_1157.jpg", "uri": "\/textbooks\/cost-management-measuring-monitoring-and-motivating-performance-2nd-canadian-edition-1157", "see_more_uri": "" }, "free_related_book": { "isbn": "0321196082", "uri": "\/textbooks\/preparing-for-the-cuny-act-reading-and-writing-test-1st-edition-9780321196088", "name": "Preparing For The CUNY ACT Reading And Writing Test", "edition": "1st Edition" }, "question_posted": "2024-06-29 01:30:10", "see_more_questions_link": "\/study-help\/questions\/business-management-leadership-2023-June-05", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-36lb-collar-a-and-a-14lb-collar-b-can", "description": "A 3.6-lb collar A and a 1.4-lb collar B can slide without friction on a frame consisting of the horizontal rod OE and the vertical rod CD, which is free to rotate about its vertical axis of symmetry....", "stars": 3 }, { "url": "\/study-help\/biostatistics\/what-is-a-residual-plot-1981282", "description": "What is a residual plot?", "stars": 3 }, { "url": "\/the-following-incomplete-balance-sheet-for-the-sanderson-manufacturing-company", "description": "The following incomplete balance sheet for the Sanderson Manufacturing Company was prepared by the company's controller. 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