Calculate the current profit of baked glassware product and the target profit to be achieved in F.Y. 2025-26.

Profit of baking glassware in F.Y. 2024-25 Particulars Amount (₹) Selling Price per unit 500 Less: Direct Material cost per unit 150 Direct Labour cost per unit 90 Variable Overhead cost per unit 60 Contribution per unit 200 Current Sales Quantity (units) 80,000 units Total Contribution 1,60,00,000 Less: Fixed Cost 20,00,000 Current Profit 1,40,00,000 Therefore, the profit in F.Y. 2024-25 for baking glassware is 1.4 crores. Pritam wants 10% in profits in the forthcoming year. Therefore, the target profit from this product line for F.Y. 2025-26 is 1.54 crores.