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Determine the following from the data given bellow a) Prime cost b) Production cost c) Total cost GHC GHC Wages and salaries of employees:
Determine the following from the data given bellow a) Prime cost b) Production cost c) Total cost GHC GHC Wages and salaries of employees: In the factory (60% is directly concerned with units being produced 150,000 In sales force 15,000 In administration 26,000 Carriage Costs: On raw materials brought into the firm On finished goods delivered to customers 1,800 1,100 Rent and Rates: Of factory block 4,900 Of sales department and showrooms 1,000 Of administrative block 1,100 7,000 Travelling expenses: Salas staff 3,400 Administrative staff 300 Factory workers not directly connected directly with production 200 3,900 Raw materials: Inventory at start of period Bought in the period 11,400 209,000 Inventory at close of the period Royalties: Payable per unit of production Depreciation: 15,600 Sales staff cars 500 Vehicles used for deliveries to customers 300 Cars of administrative staff 400 Machinery in factory 1,800 Office machinery 200 3,200 Interest costs on borrowed money 800 400
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