Costing for Best Gin & Whiskey

DATE CS Description unit price (USD) Amount total in (USD)

13/05/2020 2,300 Best Gin & Best Whisky 13.78 31,684.83

2,300
CTNS TOTAL C&F 13.78 31,684.83

Rate Of USD against SSP; 1usd = 430

Landing Costs Rct Number Details Amount In SSP Amount in USD
Taxation and Clearnace at Nimule 1,300,000 3,023.26
Transport Charges 4,000.00
Commerce fee for 1250 437,500.00 1,458.33
Clearing at Mombasa 800.00
Offloading Costs 61,500.00 143.02
Total landing Costs $ 9,424.61

Grand total cost 41,109.44

Determination of the per unit cost

No. Of Cartons Description Price Per Carton in Dollars Cost Incurred In dollars
Cost per parckage 2,300 Best Gin & Best Whisky 17.87 41,109.44
2300 17.87 41,109.44

Determine selling price Using cost plus Method of Costing by ( Adding a profit margin on total sells)
5% 10% 20% 24% 26% 28%
Sales 43,164.91 45,220.39 49,331.33 50,975.71 51,797.90 52,620.09
Number of Cartons 2,300.00 2,300.00 2,300.00 2,300.00 2,300.00 2,300.00
Selling price per Carton 18.77 19.66 21.45 22.16 22.52 22.88

Expected profit 2,055.47 4,110.94 8,221.89 9,866.27 10,688.46 11,510.64

30% 40% 50% 60%

53,442.28 57,553.22 61,664.16 65,775.11
2,300.00 2,300.00 2,300.00 2,300.00
23.24 25.02 26.81 28.60

12,332.83 16,443.78 20,554.72 24,665.67

Costing for Best Gin

DATE CS Description unit price (USD) Amount total in (USD)

13/05/2020 1,500 Best Gin 11.50 17,250.00
13/05/2021
1,500
CTNS TOTAL C&F 11.50 17,250.00

Rate Of USD against SSP; 1usd = 430

Landing Costs Rct Number Details Amount In SSP Amount in USD
Taxation and Clearnace at Nimule 847,826 1,971.69
Transport Charges 2,608.70
Clearing at Mombasa 521.74
Commerce fee for 815 285,326.09 951.09
Offloading Costs 40,108.70 60.83
Total landing Costs $ 6,114.04

Grand total cost 23,364.04

Determination of the per unit cost

Cost Incurred In Dollars
No. Of Cartons Description Price Per Carton in Dollars
Cost per parckage 1,500 Best Gin & Best Whisky 15.58 23,364.04
1500 15.58 23,364.04

Determine selling price Using cost plus Method of Costing by ( Adding a profit margin on total sells)
Details 5% 10% 20% 24% 26% 28% 30%
Sales 24,532.24 25,700.45 28,036.85 28,971.41 29,438.69 29,905.97 30,373.26
Number of Cartons 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00 1,500.00
Selling price per Carton 16.35 17.13 18.69 19.31 19.63 19.94 20.25

Expected profit 1,168.20 2,336.40 4,672.81 5,607.37 6,074.65 6,541.93 7,009.21

40% 50% 60%

32,709.66 35,046.06 37,382.47
1500 1,500.00 1500
21.81 23.36 24.92

- 9,345.62 5,827.37 6275.62755528

Costing for Best Whisky

DATE CS Description Unit price (USD) Amount total in (USD)

13/05/2020 800 Best Whisky 15.00 12,000.00
13/05/2021
800
CTNS TOTAL C&F 15.00 12,000.00

Rate Of USD against SSP; 1usd = 430

Landing Costs Rct Number Details Amount In SSP Amount in USD
Taxation and Clearnace at Nimule 452,174 1,051.57
Transport Charges 1,391.30
Clearing at Mombasa 278.26
commerce fee for 152,173.91 507.25
Offloading Costs 21,391.30 49.75
Total landing Costs $ 3,278.13

Grand total cost 15,278.13

Determination of the per unit cost

No. Of Cartons Description Price Per Carton in Dollars Cost Incurred In Dollars
Cost per parckage 800 Best Gin & Best Whisky 19.10 15,278.13
800 19.10 15,278.13

Determine selling price Using cost plus Method of Costing by ( Adding a profit margin on total sells)
5% 10% 20% 24% 26% 28% 30%
Sales 16,042.03 16,805.94 18,333.75 18,944.88 19,250.44 19,556.00 19,861.56
Number of Cartons 800.00 800.00 800.00 800.00 800.00 800.00 800.00
Selling price per Carton 20.05 21.01 22.92 23.68 24.06 24.45 24.83

Expected profit 763.91 1,527.81 3,055.63 3,666.75 3,972.31 4,277.88 4,583.44

40% 50% 60%

21,389.38 22,917.19 24,445.00
800.00 800.00 800.00
26.74 28.65 30.56

6,111.25 7,639.06 9,166.88