2) Global manufacturers produce 200,000 units of Pipe equipment and sell them at 200$ each. As a Supply chain analyst, it has asked you to analyse their expenses and give a detail description about various expenses. Below mentioned is the detail of various expenses. Prepare the Cost Sheet and Analyse it.

(5 points)

Particulars

Amount

Material on 31st December 2019

90,000$

Wages paid to production workers

40,000$

Factory Insurance

10000$

Office rent

25,000$

Management Expenses

20000$

Bank charges and Commission

5000$

Salesman commission

150000$

Warehouse Staff salaries

35000$

Factory Lighting

28000$

Work-In-Progress on 1 January 2020

50,000$

Raw material on 31st December 2020

20,000

Carriage Outwards

70000$

Material Purchased

200,000$

Cost of research

100,000$

Debt Collection Charges

60,000$

Office Salaries

30,000$

Finished goods on 31 December 2019

100,000$

Work-In-Progress on 31st December 2020

20,000$

Finished Goods on 31st December 2020

10,000$

Carriage Inward

67,000$

Delivery Van Fuel

90,000$

Supervisors Salary

99,000$