Question
You have set up a small factory with a monthly rental of 10,000 and an annual insurance of 6000 to produce a consumable item. You
You have set up a small factory with a monthly rental of 10,000 and an annual insurance of 6000 to produce a consumable item. You spend 3 and 4 per unit respectively towards the raw material and the labor. If the selling price for the product is 10, what minimum quantity you should sell in order to recover the monthly expenditure?
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Introduction To Materials Management
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
8th edition
9386873249, 134156323, 978-9386873248
