Standard times (ST) and labour rates are as in the table labour overheads are 20% of
labour cost
Activity |
ST. min |
Labour Rate Rs./hr. |
Cutting |
2 |
550 |
Inspection |
0.5 |
400 |
Packaging |
0.5 |
400 |
If the material cost is Rs. 25/ unit, what will be the total cost of production in Rs/ unit?
(a) 25 (b) 55 (c)45 (d) 35