1. Business
  2. Economics
  3. q2 a company is producing 2200 plates per day the...

Question: q2 a company is producing 2200 plates per day the...

Question details

Q2. A company is producing 2200 plates per day. The direct material cost for producing 1200 plates is AED 5300/- Direct labor cost per day is AED 3200.00 and factory over head is AED 4200.00 . If the selling cost is 28 % of the factory cost , what must be the selling price of each plate to release a profit of 20 % of the selling price ?

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution