question archive Select one: Question 14 O a
Select one: Question 14 O a
Subject:BusinessPrice: Bought3
Select one: Question 14 O a. Not yet answered Marked out of 1.00 Product 1 p Flag question Product 2 £14.63 £13.25 Ashton Lid produces Product and Product 2. Details of these two products are as follows: ob. Product 1 Product 2 Product 1 Product 2 Materials £ £2 ?? £15.00 £9.50 Labour t £10 £5 O c. Demand (units) 300,000 100,000 Product 1 Product 2 £14.10 £12.20 O d. Labour is paid at £10 per hour. Material costs £6 per kg. Total overheads are £1,050,000 per annum Assuming overheads are absorbed on the basis of labour hours, what is the total cost of a unit of each product? Product 1 Product 2 £14.63 £9.31
