{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-11T04:51:29-04:00", "answer_date": "2024-06-11 04:51:29", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2618263", "url": "\/study-help\/questions\/xyz-inc-produces-three-types-of-widgets-red-blue-and-2618263", "question_creation_date_js": "2024-06-11T04:51:29-04:00", "question_creation_date": "Jun 11, 2024 04:51 AM", "meta_title": "[Solved] XYZ Inc. produces three types of widgets: | SolutionInn", "meta_description": "Answer of - XYZ Inc. produces three types of widgets: Red, Blue, and Green. The cost data is as follows: Particulars Red () Blue ( | SolutionInn", "meta_keywords": "xyz,inc,produces,three,types,widgets,red,blue,green,cost,data,particulars", "question_title_h1": "XYZ Inc. produces three types of widgets: Red, Blue, and Green. The cost data is as follows: Particulars Red () Blue () Green () Direct", "question_title": "XYZ Inc. produces three types of widgets: Red, Blue, and Green. The", "question_title_for_js_snippet": "XYZ Inc produces three types of widgets Red, Blue, and Green The cost data is as follows Particulars Red () Blue () Green () Direct Material 80,000 90,000 70,000 Direct Labour 1,00,000 1,10,000 90,000 Factory Overheads 1,20,000 1,30,000 1,10,000 Selling and Distribution 50,000 60,000 40,000 Requirements Calculate the total manufacturing cost for each widget type Compute the cost per unit for each type if production volumes are 5,000 units for Red, 6,000 units for Blue, and 4,000 units for Green Determine the selling price per unit if the company aims for a 15 profit margin on cost Assess the new cost per unit if direct labour costs increase by 5 ", "question_description": "XYZ Inc. produces three types of widgets: Red, Blue, and Green. The cost data is as follows:

Particulars<\/strong><\/p><\/td>

Red (\u20b9)<\/strong><\/p><\/td>

Blue (\u20b9)<\/strong><\/p><\/td>

Green (\u20b9)<\/strong><\/p><\/td><\/tr><\/thead>

Direct Material<\/p><\/td>

80,000<\/p><\/td>

90,000<\/p><\/td>

70,000<\/p><\/td><\/tr>

Direct Labour<\/p><\/td>

1,00,000<\/p><\/td>

1,10,000<\/p><\/td>

90,000<\/p><\/td><\/tr>

Factory Overheads<\/p><\/td>

1,20,000<\/p><\/td>

1,30,000<\/p><\/td>

1,10,000<\/p><\/td><\/tr>

Selling and Distribution<\/p><\/td>

50,000<\/p><\/td>

60,000<\/p><\/td>

40,000<\/p><\/td><\/tr><\/tbody><\/table>

Requirements:<\/strong><\/p>

  1. Calculate the total manufacturing cost for each widget type.<\/li>
  2. Compute the cost per unit for each type if production volumes are 5,000 units for Red, 6,000 units for Blue, and 4,000 units for Green.<\/li>
  3. Determine the selling price per unit if the company aims for a 15% profit margin on cost.<\/li>
  4. Assess the new cost per unit if direct labour costs increase by 5%.<\/li><\/ol>

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