COST SHEET OF PEPE DENIM

PARTICULARS JEANS DENIM SKIRTS

Stock of raw materials as on April 1,2010 200000 -
(+) material purchased during the year 600000 300000
(+) carriage on purchases 12000 6000
(-) stock of raw materials as on March 31,2011 -150000 -75000
(+) Productive wages 300000 120000
PRIME COST 962000 351000
FACTORY OVERHEADS
Salaries 15350 10000
repairs of plant,machinery, and tools 8000 4000
rent, rates, taxes, and insurance (factory) 12000 6000
depreciation w/o on plant, machinery,tools 9000 3000
dyeing and water charges(factory) 3000 1500
manager's salary (factory) 10000 6900
(-) sale of scrap -25000 -
(+) opening work in progress 100000 -
(-) closing work in progress -35000 -10000
TOTAL OF FACTORY OVERHEADS 97350 21400
WORKS COST 1059350 372400
OFFICE AND ADMINSTRATIVE EXPENSES
office salaries 25000 15000
rent,rates,taxes and insurance (office) 2000 700
depreciation written off on office furniture 1800 400
director's Fees 15000 7000
general Charges 12750 5000
gas and water charges ( office) 850 300
manager's salary (office) 8000 5000
TOTAL OF OFFICE ADMINISTRATIVE EXPENSES 65400 33400
COST OF PRODUCTION 1124750 405800
(+) opening finished stock 350000 -
(-)closing finished stock -450000 -200000
COST OF GOODS SOLD 1024750 205800
SELLING AND DISTRIBUTION EXPENSES
carriage on sales 13000 5000
bad debts Written of 8000 1500
travelling Expenses 7000 5000
traveler's salaries and commision 20000 13000
advertising 28000 21000
TOTAL OF SELLING AND DISTRIBUTION EXP. 76000 45500
TOTAL COST 1100750 251300
COST SHEET OF PEPE DENIM
DENIM HANDBAGS
-
100000
2000
-25000
180000
257000
5000
1600
2000
2000
500
5000
-
-
-5000
11100
268100
5000
300
200
3000
3000
100
2000
13600
281700
-
-120000
161700
2000
500
3000
7000
8750
21250
182950