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can you check this cost sheet! if anything is missing or wrong, then you can add it is for the manufacturing of paper. my assignment
can you check this cost sheet! if anything is missing or wrong, then you can add it is for the manufacturing of paper. my assignment was to make a cost sheet for any random product!!
Particulars Total Cost Direct material cost Paper Pulp 500 tones $ 52 per ton 26,000.00 Other Material 100 tones @ $ 30 per ton 3,000.00 Direct material consumed 29,000.00 Direct labour cost Skilled (80x3x25) 6,000.00 Unskilled C 40 x2x 25) 2,000.00 Direct Expenses Special equipment 2,500.00 Special dyes 1,500.00 Prime Cost 41,000.00 Works overhead Variable 100% in direct wages 8,000.00 Fixed 60% of direct wages 4,800.00 Less: Sale of scrap -1,800.00 Works cost 52,000.00 Administrative overhead 10% of works cost 5,200.00 Cost of Production 57,200.00 Selling and Distribution overhead: 20% on works cost 10,400.00 Cost of Sales 67,600.00Step by Step Solution
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