Formosa Dangerfield Limited budgets sales of 600 000 units for the 20X6 financial year.Budget selling price per unit is £7.50 and prime cost is expected to be £3.25 per unit, comprising £1.30 in direct materials and £1.95 in direct labour.Production overhead is to be recovered at 133% of direct labour.Selling and administrative overheads are budgeted at £623 400. What is the company's budget profit for the financial year?

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The Answer of Formosa Dangerfield Limited budgets sales of 600 000 units for the 20X6 financial year.Budget selling price per unit is £7.50 and prime cost is expected to be £3.25 per unit, comprising £1.30 in direct materials and £1.95 in direct labour.Production overhead is to be recovered at 133% of direct labour.Selling and administrative overheads are budgeted at £623 400. What is the company's budget profit for the financial year?

Formosa Dangerfield Limited Budgets Sales of 600 000 Units for the 20X6