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Name: Shalaka Vilas Phatak Roll No: 170 Div: C: Q1) Collect The Cost of The Product From Various Sources
Name: Shalaka Vilas Phatak Roll No: 170 Div: C: Q1) Collect The Cost of The Product From Various Sources
Div: C
(in crores)
WORKING TOTAL
PARTICULARS
COLUMN COST
DIRECT COST
Direct Materials
Opening stock of Material 9,036
less: Closing stock of RM -12,667 21,703
Direct Wages 1,830
PRIME COST 23,533
INDIRECT COST
Factory Overheads
Power and Fuel 304
Repairs of Machinery 150
Depreciation on plant machinery and equipment (leased asset) 597
Depreciation on plant machinery and equipment (owned asset) 390 1441
GROSS FACTOR COST 24,974
Add: opening stock of work in progress 254
less: closing stock of work in progress -428 -174
WORK COST 24,800
Office and Administration Overheads
Rent 101
Rates and Taxes 7
tax audit fees 1
others 2 111
COST OF PRODUCTION 24,911
add :opening stock of finished goods 1325
less: closing stock of finished goods -1542 -217
COST OF GOODS SOLD 24,694
Selling and distribution Overheads
Advertising 4,737
Packing 2,284
Travelling and motor car expenses 90
Carriage and freight 1674 8,785
Total Cost 33,479
Profit 10,312
Sales 43,791