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Question Consider the following estimates which were extracted from Jogatra Ltd books of accounts: Indirect Labor (20% fixed) Kes.45,500 Direct Material Kes.28,500 Rent (Fixed) Kes.125,000
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Consider the following estimates which were extracted from Jogatra Ltd books of accounts:
Indirect Labor (20% fixed) Kes.45,500
Direct Material Kes.28,500
Rent (Fixed) Kes.125,000
Electricity (10% Fixed) Kes.155,600
Equipment Depreciation Kes.142,300
Personal Property taxes (Kes.6,500 Fixed) Kes.85,340
Data Processing (25% Fixed) Kes.15,600
Technical Support Fixed Kes.10,200
The above schedule is prepared on assumption that production could amount to 1,000 units
Prepare a cost estimation function using account analysis
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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