A small factory can produce 60,000 units per annum at its optimum capacity. The estimated unit costs

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A small factory can produce 60,000 units per annum at its optimum capacity. The estimated unit costs of production are as under:image text in transcribed

The factory produces only against orders (and not for stock). The production programme of the factory is as indicated below. The management desires to ensure a profit of ₹1,00,000 for the year. Work out the average selling price at which each unit should be quoted.image text in transcribed

Ignore selling and administration overheads.

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