A component item involves material cost of Rs. 6 per unit and 10 minutes to produce....

 

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A component item involves material cost of Rs. 6 per unit and 10 minutes to produce. The operator is paid Rs. 72 per hour and machine hour rate is Rs. 150. The setting-up of the machine to produce the compo- nent takes 2 hours and 20 minutes. Prepare cost sheet showing production and set-up costs for a batch of (1) 100 units and (b) 1000 units A component item involves material cost of Rs. 6 per unit and 10 minutes to produce. The operator is paid Rs. 72 per hour and machine hour rate is Rs. 150. The setting-up of the machine to produce the compo- nent takes 2 hours and 20 minutes. Prepare cost sheet showing production and set-up costs for a batch of (1) 100 units and (b) 1000 units

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100 Units 1000 Units Total per component Total Per component A Settingup Cost ... View the full answer