A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then which among the following is the highest?a)Cost of manufacturing Packaged food in 2019b)Cost of manufacturing Home Appliances in 2020c)Cost of manufacturing Home Appliances in 2019d)Cost of Manufacturing Garments in 2020Correct answer is option 'B'. Can you explain this answer?

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Sales

Furthermore, the profit % obtained by selling the items of a particular sector year on year is given as follows

Based on the above data, answer the following questions

Q. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then which among the following is the highest?

a)
Cost of manufacturing Packaged food in 2019
b)
Cost of manufacturing Home Appliances in 2020
c)
Cost of manufacturing Home Appliances in 2019
d)
Cost of Manufacturing Garments in 2020

Correct answer is option 'B'. Can you explain this answer?

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A well known FMCG company mainly deals in manufacturing and selling it...

Let the sales of the company for the year 2019 be 100P and the sales of the company for the year 2020 be 100 Q.

The sales of the company's individual department can be written as follows:

Furthermore, we are given profit % for a department for a given year.

For a product sold at SP with a profit %p, the cost price = SP/(1+p%)

Thus for 2019, the cost to manufacture goods in Packaged foods will be = 20P/1.1

2019, the cost to manufacture goods in Garments will be = 25P/1.1 and so on

Thus the cost to manufacture good for all 4 departments for 2019 and 2020 can be tabulated as

Given that total cost of manufacturing was same for both the years,

a) Cost of manufacturing Packaged food in 2019 = 20P/1.1 ∼ 18.18P

b) Cost of manufacturing Home Appliances in 2020 = 25Q/1.2 ∼ 20.83Q ∼ 21.4333P

c) Cost of manufacturing Home Appliances in 2019 = 15P/1.2 = 12.5P

d) Cost of Manufacturing Garments in 2020 = 20Q/1.1 = 18.18Q ∼ 18.705P

Clearly option B is greatest among them

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A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then which among the following is the highest?a)Cost of manufacturing Packaged food in 2019b)Cost of manufacturing Home Appliances in 2020c)Cost of manufacturing Home Appliances in 2019d)Cost of Manufacturing Garments in 2020Correct answer is option 'B'. Can you explain this answer?

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