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Calculate the selling price per unit allowing for a profit of 15% of the- selling...

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Accounting

Calculate the selling price per unit allowing for a profit of 15% of the- selling price.

The following data are given:

Budgeted output for the year 9800 units standard details for one unit:

Direct materials 40 square meters at Rs. 5.30 per square meter

Direct wages:

Bonding department 48 hours at RS. 12.50 per hour

Finishing department 30 hours at RS. 7.60 per hour

Budgeted costs and hours per annum:

Rs Hours

Variable overhead:

Bonding department 375,000 500,000

Finishing department 150,000 300,000

Production 392,000

Selling and Distribution 196,000

Administration 98,000

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