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Calculate utilization of labour and material by each product

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Reference no: EM132985827

Sangdil Ltd makes two products, SS and TT. Variable cost per unit is as follows:

                                                   SS                        TT

Direct material                                Rs.6                  Rs.18

Direct labour @ Rs.18 per hour            Rs.36                  Rs.18

Variable overhead                                Rs.6                    Rs.6

Total variable cost                                Rs.48                 Rs.48

The selling price per unit is Rs.84 for SS and Rs.66 for TT. During July 2001 the available direct labour is limited to 48,000 hours. Sales demand in July is expected to be 18,000 units for SS and 30,000 units for TT. Fixed cost is Rs. 200,000 per month.

Required:

Problem 1: Calculate the utilization of labour and material by each product.

Reference no: EM132985827

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