A company specialises in printing advertising leaflets and is in the process of preparing its price list. The most popular requirement is for a folded leaflet made from a single sheet of A4 paper. From past records and budgeted figures, the following data have been estimated for a typical batch of 10,000 leaflets. Artwork £65 Machine setting 4 hours at £22 per hour Paper £12.50 per 1,000 sheets Ink and consumables £40 Printers’ wages 4 hours at £8 per hour General fixed overheads are £15,000 per
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