Question
Easy
The department 'K' of a certain factory desires to quote the selling price of 10,000 units. The details of cost of 1,000 units are; Material cost Rs. 6,000; labour cost Rs. 10,000; Factory overhead fixed Rs. 8,000; variable Rs. 1,500; Administrative overhead : fixed Rs. 4,000; variable Rs. 800; Selling and Distribution overhead: fixed Rs. 800; variable Rs. 650. It is desired to charge 15% profit on cost. Ascertain the selling price:
1
Rs. 2,32,645
2
Rs. 2,23,645
3
Rs. 3,32,645
4
Rs. 3,23,645
Question Details
Time to Solve: 12
Exam: HTET
Level/Paper: Level 3
Chapter: Business Finance and Marketing
Topic: Business Finance
Correct Answer
Option A
Explanation
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