Speedy Printers is a small print company, which performs small printing jobs for a variety of customers. The company has received an order from the business department at Tipperary Institute for 4000 examination booklets and 2,300 graph paper booklets.
Direct material
Examination Booklets €40 per 100 Booklets
Graph Paper Booklets €20 per 100 Booklets
Machine Printing Time
Examination Booklets 30 minutes per 100 Booklets
Graph Paper Booklets 15 minutes per 100 Booklets
Direct Labour €12 per machine hour
Production Overheads €16 per machine hour
Set up costs
Examination Booklets €1000
Graph Paper Booklets €500
Requirement:
Compute the total costs of the printing job and the unit cost per booklet.
Compute the unit cost for Examination booklets if the order is for 6000 booklets.