ABC Enterprises is a manufacturing entity and following detail is given. Factory production overhead costs Rs....
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ABC Enterprises is a manufacturing entity and following detail is given. Factory production overhead costs Rs. 750,000 Fixed selling costs Rs. 550,000 Administration and other overheads Rs. 325,000 Variable cost per unit Rs. 8.00 Mark-up % required 35% Budgeted sale volumes (units) 500,000 What should the selling price be on a full cost-plus basis? ABC Enterprises is a manufacturing entity and following detail is given. Factory production overhead costs Rs. 750,000 Fixed selling costs Rs. 550,000 Administration and other overheads Rs. 325,000 Variable cost per unit Rs. 8.00 Mark-up % required 35% Budgeted sale volumes (units) 500,000 What should the selling price be on a full cost-plus basis?
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To calculate the selling price on a full costplus basis we need to add a markup ... View the full answer
Related Book For
Financial Accounting and Reporting
ISBN: 978-1292162409
18th edition
Authors: Barry Elliott, Jamie Elliott
Posted Date:
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