Question

Price per jar £1.80, Market price per jar £2.50, production cost per jar £0.85.

Cost of jar per 1000 units £300, Cost of lids per 1000 units £20, Cost of labels per 5000 units £50, Packaging per 100 jars £5.

Fixed overhead cost of 5000 jars per month £5000.

What is variable cost per unit and Contribution per unit??????​

Answer 1

£1.80+£2.50+£0.85=£5.1 step 2 300+5000+20=£10.000