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The Data in the Table Above Shows the Consumption by Item

question 8

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 Item  Quantity (2011)  Price (2011)  Price (2012)  Salt 2$1.00$2.00 Bread 20$2.50$3.00\begin{array} { l c c c } \hline \text { Item } & \begin{array} { c } \text { Quantity } \\\mathbf { ( 2 0 1 1 ) }\end{array} & \begin{array} { c } \text { Price } \\\mathbf { ( 2 0 1 1 ) }\end{array} & \begin{array} { c } \text { Price } \\\mathbf { ( 2 0 1 2 ) }\end{array} \\\hline \text { Salt } & 2 & \$ 1.00 & \$ 2.00 \\\text { Bread } & 20 & \$ 2.50 & \$ 3.00 \\\hline\end{array}
The data in the table above shows the consumption by families in a small (poor) economy. The families consume only salt and bread. The reference base period is 2011.
-The cost of the CPI market basket in 2011 is

Understand the impact of manufacturing overhead on job cost sheets.
Gain proficiency in determining the selling price of jobs based on manufacturing cost and markup.
Become proficient in estimating total manufacturing overhead.
Determine the total job cost for various jobs.

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