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  • Costing Exercise

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    Pdoneever
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    This document provides a costing exercise that lists administrative, selling, and distribution overheads. Administrative overheads total N$11,650 and include expenses for rent, director remuneration, office salary, printing, lighting, and bank charges. Selling overheads total N$6,360 and include bad debt, agent's commission, and travel expenses. Distribution overheads total N$3,480 and cover rent, repairs, wages, and lighting costs for a warehouse. Expenses totaling N$3,470 for donations and income tax should be disregarded from cost estimation.

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    This document provides a costing exercise that lists administrative, selling, and distribution overheads. Administrative overheads total N$11,650 and include expenses for rent, director remuneration, office salary, printing, lighting, and bank charges. Selling overheads total N$6,360 and include bad debt, agent's commission, and travel expenses. Distribution overheads total N$3,480 and cover rent, repairs, wages, and lighting costs for a warehouse. Expenses totaling N$3,470 for donations and income tax should be disregarded from cost estimation.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    4 views1 page

    Costing Exercise

    Uploaded by

    Pdoneever
    This document provides a costing exercise that lists administrative, selling, and distribution overheads. Administrative overheads total N$11,650 and include expenses for rent, director remuneration, office salary, printing, lighting, and bank charges. Selling overheads total N$6,360 and include bad debt, agent's commission, and travel expenses. Distribution overheads total N$3,480 and cover rent, repairs, wages, and lighting costs for a warehouse. Expenses totaling N$3,470 for donations and income tax should be disregarded from cost estimation.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 1

    COSTING EXERCISE

    a)

    Administrative Overheads N$ N$
    Rent, rate, and insurance office 1,620
    Director remuneration 4,000
    Office salary 3,000
    Printing, stationery etc 2,500
    Lighting of office 160
    Bank charges 220 11,650

    b)

    Selling overheads N$ N$
    Bad debt 500
    Agent’s commission 5,000
    Travelling expenses 860 6,360

    c)

    Distribution overheads N$ N$
    Rent, rate and insurance 660
    Warehouse repair 620
    Warehouse wage 2,000
    Lighting of warehouse 200 3,480

    d)

    Expenses to be disregarded in cost estimation N$ N$


    Donation 500
    Income tax 2,970 3,470

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