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    ashmita_p
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    Following are some assumptions made Institute offers 60 MMS seats Institute sells each seat for Rs. 100000 / Institute does not earn any revenues other than the fees of the student.

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    Following are some assumptions made Institute offers 60 MMS seats Institute sells each seat for Rs. 100000 / Institute does not earn any revenues other than the fees of the student.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    15 views7 pages

    Costing

    Uploaded by

    ashmita_p
    Following are some assumptions made Institute offers 60 MMS seats Institute sells each seat for Rs. 100000 / Institute does not earn any revenues other than the fees of the student.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

    Following are some assumptions made

    Institute offers 60 MMS seats Institute sells each seat for Rs. 100000/ Institute does not earn any revenues other than the fees of the student And there are more

    Particulars Direct material Notebooks (25Rs*40 Units) Textbooks (Library Deposit) Stationary Laptop Direct Labour Professor PRIME COST Add: Factory overheads Electricity Furniture Wages Maintenance IT FACTORY COST

    Amount/seat 1000 1500 1000 30000 6500 40000 400 Direct material 500 200 720 10000 51820

    Particulars Add: Admin Overheads Salaries Electricity Stationary Miscellaneous Registration COST OF PRODUCTION Add : Selling & Distribution Overheads Placement Activity Brochure Expenses Participation in Events Cultural Events COST OF GOODS SOLD PROFIT SALES

    Amount/seat 3600 1200 5000 1200 200 63020 6000 2000 500 500 72020 27980 100000

    Working Notes
    Professor (750/60)*40*13=6500 Electricity Factory =(1000/60)*24=400 Furniture=(40000/60)= 667 (600 approx) Placement activity = 200000/60=3333 (3000 approx.)

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