Determine the cost if labour amounts to 1245,with an equipment renting fee of R250,to produce 5 devices
Solution
It is given that the Labour cost is "= R1245"
The Rental Fee is "=R 250"
Therefore, the total cost will be
"= R 1245 + R 250\\\\\n= R 1495"
Therefore, for producing "5" devices the cost is "R1495"
Hence the cost of one device will be
"=\\frac{R1495}{5}\\\\\n= R 299"
Hence unit cost is "R299"
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