Question:

The cost of manufacture of an article comprises of Labour, Material and Overheads in the ratio 4:3:2. ?

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If the cost of labour is Rs 45, what's the cost of article?

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3 ANSWERS


  1. if cost of labour is 4 total cost is 9

    if it is 45 total cost is 45*9/4 = 405/4= Rs 101.25

      


  2. If labour is 45 then just use the ratio provide for the others

    material = 3/4* 45

    Overheads = 2/4 * 45

    Then just sum the three coponents

  3. let A = 1 unit of cost and ratio is 4A:3A:2A

    labour = 4A

    material = 3A

    overheads = 2A

    total = 4A+3A+2A = 9A

    to find A use labour = 45 = 4A and so A = 45/4 = 11.25

    Costs are

    Labour = 4 x 11.25 = 45

    Material = 3 x 11.25 = 33.75

    overheads = 2 x 11.25 = 22.5

    Total = 9A = 9 x 11.25 = 101.25

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