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Following is information regarding a manufacturing enterprise :

        Total fixed costs = Rs. 4,500

        Total variable costs = Rs.7,500

        Total sales = Rs. 15,000

        Units sold = 5,000

Find out :

  1. Break-even point in units
  2. Margin of safety
  3. Profit
  4. Volume of sales to earn a profit of Rs. 6,000
  1. A work measurement study was conducted in a manufacturing company for 8 hours and following observations were made :

Idle time : 15%

Performance rating : 12%

Allowance time : 12% of standard time

Number of units produced : 320

Calculate the standard time for the task.

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