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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
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$ Supervisor's Salary 99,000$ 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 Analys it. (5 points)
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