Question: For a certain product, the direct material cost is Rs. 500/-, direct labour cost is Rs.750 and factory over head costs are 50% of the

For a certain product, the direct material cost is Rs. 500/-, direct labour cost is Rs.750 and factory over head costs are 50% of the prime cost. The administrative overheads are 30% of the factory cost. Evaluate the selling price of each product if the profit is 10% of total cost

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