USHA ENGINEERING WORKS LIMITED

ESTIMATED COST SHEET (YEAR 2009)

PRODUCTION 1200 SEWING MACHINES

Details Total Cost (Rs)

Opening Inventory of Raw Material

Purchase of Raw Material
Expenses on Purchase of Raw Material
(Closing Inventory of Raw Material)

COST OF RAW MATERIAL CONSUMED 115200

Direct Wages 151200
Direct Expenses 0

PRIME COST 266400

Manufacturing Overhead Expenses 66600
Opening Inventory of Work in Progress 0
(Closing Inventory of Work in Progress) 0

WORKS COST 333000

Office & Administrative Overhead Expenses 90000

COST OF PRODUCTION 423000

Opening Inventory of Finished Goods 0
(Closing Inventory of Finished Goods) 0

COST OF GOODS SOLD 423000

Selling & Distribution Overhead Expenses 36000

COST OF SALES 459000

PROFIT 51000
SALES 510000
Cost Per Unit (Rs)

96.00
126.00
0.00

222.00
55.50
0.00
0.00

277.50
75.00

352.50
0.00
0.00

352.50
30.00

382.50
42.50
425.00