EZSTIMATED COST SHEET FOR THE YEAR ENDED 31-03-2010

Units Produced(Kgs)=500000
Units Sold(Kgs)=466667
Particulars Amount
1 DIRECT COST
Raw materials
Banana 5500000
Oil 1000000
Spices 500000
Add: Purchase Expenses 300000
Less: Closing stock of Raw Materials 300000
Raw Materials Consumed
Direct Wages (Labour)
Overheads
Prime cost
2 INDIRECT COST
Add :- Factory Over Heads:
Factory Power 3500000
Maintenance 2000000
Factory Insurance 827000
Factory Asset Depreciation 4173000

Works cost Incurred

Add:-Office & Administration OverHeads:-
Office salaries 2000000
Asset Depreciation 260000
General Charges 640000
Audit Fees 100000
Other Office Expenses 500000

Cost of Production
Less: closing stock of finished goods
Cost of Goods Sold
Add:- Selling and Distribution Overheads:-
Sales man Commission 3500000
Traveling Expenses 500000
Advertisement 7000000
Delivery man expenses 1500000
Sales Tax 2800000
Bad Debts 500000

Cost of Sales
Profit
Sales
Amount Cost per unit

11
2
1
0.6
0.6
7000000 14
3500000 7
3500000 7
14000000 28

7
4
1.7
8.3
10500000 21
24500000 49

4
0.5
1.3
0.2
1
3500000 7
28000000 56
1800000
26200000

7.5
1
15
3.5
6
1
15800000 34
42000000 50
28000000 60
70000000 150