Speedy Printers is a small print company, which performs small printing jobs for a variety of customers. The company has received an order from the business department at Tipperary Institute for 4000 examination booklets and 2,300 graph paper booklets.

Direct material

Examination Booklets                         €40 per 100 Booklets

Graph Paper Booklets                         €20 per 100 Booklets

Machine Printing Time

Examination Booklets                         30 minutes per 100 Booklets

Graph Paper Booklets                         15 minutes per 100 Booklets

Direct Labour                                      €12 per machine hour

Production Overheads                                    €16 per machine hour

Set up costs

Examination Booklets                         €1000

Graph Paper Booklets                         €500

Requirement:

Compute the total costs of the printing job and the unit cost per booklet.

Compute the unit cost for Examination booklets if the order is for 6000 booklets.