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  • Cost Sheet of Hotel Aqsa at The Month Ended (Total Units 1000) Particular Amount Amount Per Unit

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    Littlehope
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    Raw material costs for Hotel Aqsa were Rs. 54,850 for the month. Total prime costs were Rs. 126,450 including direct labor of Rs. 50,000 and direct expenses of Rs. 21,600. Factory overhead added Rs. 7,500 for depreciation and insurance, bringing factory costs to Rs. 133,950. Office costs including salaries, electricity, and other expenses were Rs. 46,160, bringing total cost of production to Rs. 188,610 for 1,000 units. Total cost of sales was Rs. 188,960 with a profit of Rs. 52,909 and total selling price of Rs. 241,869.

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    Raw material costs for Hotel Aqsa were Rs. 54,850 for the month. Total prime costs were Rs. 126,450 including direct labor of Rs. 50,000 and direct expenses of Rs. 21,600. Factory overhead added Rs. 7,500 for depreciation and insurance, bringing factory costs to Rs. 133,950. Office costs including salaries, electricity, and other expenses were Rs. 46,160, bringing total cost of production to Rs. 188,610 for 1,000 units. Total cost of sales was Rs. 188,960 with a profit of Rs. 52,909 and total selling price of Rs. 241,869.

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    12 views2 pages

    Cost Sheet of Hotel Aqsa at The Month Ended (Total Units 1000) Particular Amount Amount Per Unit

    Uploaded by

    Littlehope
    Raw material costs for Hotel Aqsa were Rs. 54,850 for the month. Total prime costs were Rs. 126,450 including direct labor of Rs. 50,000 and direct expenses of Rs. 21,600. Factory overhead added Rs. 7,500 for depreciation and insurance, bringing factory costs to Rs. 133,950. Office costs including salaries, electricity, and other expenses were Rs. 46,160, bringing total cost of production to Rs. 188,610 for 1,000 units. Total cost of sales was Rs. 188,960 with a profit of Rs. 52,909 and total selling price of Rs. 241,869.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    Cost Sheet of Hotel Aqsa at the month ended

    (Total Units= 1000)


    Per Amount Amount
    Particular
    Unit
    Opening stock of raw material 4000
    Add: Purchasing of raw materials 53850
    Less: Return to suppliers 0
    Less: Abnormal loss of raw materials 0
    Less: Closing stock of raw materials 3000
    Raw materials consumed 54850
    Direct Labour 50000
    Direct expenses 21600

    Prime cost (A) 126.45 126450

    Factory overhead expenses


    Add: Depriciation on Furniture 5000
    Add: Insurance of the building 2500

    Factory cost or works (B) 133.95 133950

    Office and administration overhead


    Staff Salary 45000
    Electricity 8500
    Wifi facility 560
    Stationery 600
    Cost of production (C) 188.61 188610

    Add: Opening finished stock


    Less: Closing finished stock

    Cost of production of goods sold (D) 188.61 188610

    Selling and Distribution overhead 350


    Selling overhead

    Total cost or cost of sales (A+B+C+D) 188.96 188960


    Profit 52909
    Selling price 241.869 241869
    TOTAL UNITS 1000

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