International Brands Ltd. Is operating at 60% capacity and producing 2,700 pieces of product A. The cost of production for the month of August 2012 was: Rs. Direct Material 54,000 Direct wages 8,100 Variable Overheads 9,900 Fixed Overheads 18,000 The products are currently sold at an average price of Rs. 72. A tender for supply of 900 pieces per month has been received. To submit tender the following information …
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