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@sanjananandvani said:
Direct mterial .3000
Direct labor…4000
production ov/h 50% of prime cost
non production ov/h 25%of total production cost.
profit margin 30%
calculate change in profit if zoobi co. decides to consider profit as 30% of total cost(markup)?my ans is 16875.5 decrease
but correct is 3281 increased
plz solve it….
please do this favour..i really need your help..
