In a factory two types of radios are manufactured-Orient & Sujon Models. From the following particulars prepare a statement showing cost and profit per radio sold. Assume there is no opening and closing stock.
Orient
Rs. 27300
Rs. 15600
Sujon
Rs. 108680
Rs. 62920
Material
Labour
Works overhead is charged at 80% on labour and office overhead is taken at 15% on works cost. The selling price of both radios is Rs.1000. 78 Orient radios and 286 Sujon radios were sold.