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Question

Represent the data relating to the cost of production in a factory by means of percentage diagram:
Element of Cost
(in '000 tonnes
Items
A B C
Raw Materials 75 55 60
Wages 45 30 25
Factory overheads 15 10 30
Office overheads 5 15 5

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Solution

Element of cost Firm
A
Percentage(%)
Cost
Firm
B
Percentage(%)
Cost
Firm
C
Percentage(%)
Cost
Raw material
Wages
Factory overhead
Office overhead
75
45
15
5
53.57
32.14
10.71
3.58
55
30
10
15
50
27.27
9.09
13.64
60
25
30
5
50.00
20.83
25.00
4.17
Total 140 100 110 100 120 100


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