engineering recuitment NMDC Junior Officer (Trainee) Mock Test 2024 Industrial Engineering Production Planning and Inventory Control Inventory Control
A company sales 40,000 units of its product. It has variable cost of Rs. 50 per unit. Fixed cost is Rs. 2,50,000 and the required profit is Rs. 2,30,000. What will be the price of one unit of product?
1
Rs. 66
2
Rs. 64
3
Rs. 60
4
Rs. 62