A machine tool manufacturing company sells its lathes at Rs. 36,500 each made up as follows: (a).

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A machine tool manufacturing company sells its lathes at Rs. 36,500 each made up as follows: 

(a). A firm in Arabia has offered to buy 10 companys lathes at Rs. 28,500 each. Should the company be interested in the business? 

(b). It has been decided to sell 5 such lathes to an engineering company under the same management at bare cost. What price should you charge?

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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