In a month, we have 30 days and each day we produce 100 units.
The required data can be given as below:
Administration cost: $3,000 per month
Material Cost (30% is indirect): $12,000 per month
Advertising cost: $4,000 per month
Labour Cost (40% is indirect): $10,000 per month
Insurance Cost of furniture in the Marketing Department: $20,000
per month
Research Expense: $50 per month
Repairing Cost: $100 per month
Maintenance Cost: $75 per month
Electricity cost: $50 per day
Required: Please calculate cost of a single product?
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