Seemore Company manufactures binoculars. The actual costs for 2013 and 2014 were as follows: 2013 2014
Direct materials:
Plastic case $8.00 $7.60
Lens set 34.00 34.40
Direct Labor 64.00 (1.6 hours) 60.00 (1.5 hours)
Indirect manufacturing costs:
Variable 16.00 14.20
Fixed 4.00 (100,000 units) 3.80 (120,000 units)
Beginning in 2014, Seemore implemented a continuous improvement program that required a first-year cost reduction target of a 7 percent reduction of the 2013 base.
Seemore's continuous improvement target for plastic cases in 2014 was:
a. $8.00
b. $7.60
c. $7.44
d. $8.80

Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit.the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not