Statement Of Cost

Sl. No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Particulars Purchase of raw materials Opening Raw Materials Closing Raw Materials Raw Material Consumed(1+2)-3 Direct Labour* Prime Cost(4+5) Other Manufacturing Expenses Depriciation Power & Fuel Rent Repairs & Maintainance (Machinery) Rates & Taxes** Total manufacturing expenses Gross Works Cost(7+13) Opening Work in Progress Closing Work in Progress Net change in Work in Progress(15-16) Net Works Cost(14+17) Administrative Expenses Insurance Repairs & Maintainance(Building,others) Freight Printing & Stationary Salary*(294*0.4+36.11+52.16) Rates & Taxes** Legal & Professional Directors' Fee Total Admistrative Expenses Cost Of Production(18+28) Opening Finished Goods Closing Finished Goods 121.26 135.63 78.47 82.17 -3.7 3750.83 Rupees in Million Rupees in Million 3,372.24 184.08 219.02 3337.3 176.92 3514.22

15.8 122.82 16.6 61.45 23.64 240.31 3754.53

17.95 31.95 64.93 8.36 206.21 11.82 76.44 0.14 417.80 4168.63

32 33 34 35 36 37 38 39 40 41 42

Net Change in Finished goods(30-31) Cost Of Goods Sold(29+32) Selling & Distribution Expenses Advertisement and sales Promotion Discount Warranty Travelling & Conveyance Communication Total Selling & Distribution Expenses Cost Of Sales(33+40)

-14.37 4154.26

36.9 88.95 41.57 72.61 16.18 256.21 4410.47

OPERATING CYCLE CALCULATION
Sl.No.
1

ITEMS
Raw Material Conversion Period (a) Raw Material Consumption (b) Raw Material consumption Per Day(a/360) © Raw Material Inventory (d) Raw Material Inventory Holding Days(c/b) Work-In- Progress Conversion Period (a) Cost Of Production (b) Cost Of Production Per Day(a/360) © Work-In- Progress Inventory (d) Work-In-Progress Inventory Holding Per Day(c/b) Finished Goods Conversion Period (a) Cost Of Goods Sold (b) Cost Of Goods Sold Per Day(a/360) © Finished Goods Inventory (d) Finished Goods Inventory Holding Days(c/b) Collection Period (a) Credit Sales*** (b) Sales Per Day(a/360) © Debtors (d) Debtors Outstanding Days(c/b) Creditors Defferal period (a) credit Purchase (b) Purchase Per Day(a/360) © Creditors (d) Creditors Outstanding Days(c/b)

Rupees in Million
3337.3 9.3 219.02 24

(A) 2

4168.63 11.6 82.17 7

(B) 3

4154.26 11.5 135.63 12

© 4

4,852.43 13.48 681.44 51

(D) 5

3,372.24 9.37 468.26 50

(E)

Note:
*---Direct labour is assumed to be 60%& salary to be 40% **---rates and Taxes 2/3rd is assumed to be factory &1/3rd to be office ***----All sales are assumed on credit

SUMMARY OF OPERATING CYCLE CALCULATION
(NUMBER OF DAYS)
Gross Operating Cycle
Number Of Days 1 Inventory Conversion Period

(i) (ii) (iii)

Raw Material(A) Work-In-Progress(B) Finished Goods© Total Inventory Conversion period Debtor Conversion Period(D) Gross Operating Cycle(1+2) Payment Defferal Period(E) NET OPERATING CYCLE(3-4)

24 7 12 42 51 93 50 43

2 3 4

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