Q32 A company manufactures high-quality china plates, which are hand-painted. It has a budgeted overhead of N20,000, taking 150 machine hours and

Q32 A company manufactures high-quality china plates, which are hand-painted. It has a budgeted overhead of N20,000, taking 150 machine hours and 800 direct labour hours each plate uses N3 of direct materials, 0.25 labour hours at N10 per hour and 0.2 machine hours. What is the cost of a plate?
 N32.17
 N30.50
 N10.50
 N11.75

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