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d) The following cost information relates to Andy manufacturing Ltd. It is for the month ended 30th April 2021. Raw materials ................................................$3,000 Direct Labour .................................................$8,000

d) The following cost information relates to Andy manufacturing Ltd. It is for the month ended 30th April 2021.

Raw materials ................................................$3,000

Direct Labour .................................................$8,000

Factory Rent ...................................................$1,500

Factory Power ................................................$5,000

Factory Supervisors salaries .......................$2,000

Indirect wages ................................................$1,000

General administration expenses ...............$4,000

General Selling & Distribution expenses ....$1,500

Transport charges ..........................................$1,200

Other direct expenses ....................................$1,000

Depreciation of motor van ...............................$200

Depreciation of office building ........................$150

Commission to salesmen .................................$200

Audit fees ............................................................$300

Profit is 17% of total cost of sales

Required

  1. Help management of Andy prepare a cost sheet (clearly showing Prime cost, Factory works, production cost, and total cost of sales. (12 marks)
  2. Assuming 600 units were produced and sold, determine the cost per unit. (03 marks)
  3. Determine the sales revenue that was obtained at the end of the month. (03 marks) Total 30 marks

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