ACT 360

Name Id
 Cost Items Asset Per Unit Quantity Total Cost
Price
Sharp cleaver 𝟔𝟎𝟎 2 1200
Coconut scraper *350 𝟑𝟓𝟎 2 700
Blender 3*10,000 𝟏𝟎, 𝟎𝟎𝟎 2 20000
3 Yard Cheesecloth 𝟑𝟕𝟎 3 1110
Bowl 10*100 𝟏𝟎𝟎 10 1000
Stainless Steel Spoon 𝟖𝟎 12 9600
12*80
Saucepan - 30 CM 2*1600 𝟏, 𝟔𝟎𝟎 2 3200
Dual Burner Gas Stove 𝟓𝟎𝟎𝟎 2 10000
2*5000
Refrigerator 𝟑𝟎, 𝟎𝟎𝟎 1 30000
Strainer 6*80 𝟖𝟎 6 480
Measuring Machine- LCD 𝟐𝟎𝟎𝟎 1 2000
Display Digital Kitchen
Scale
Metal Barrel 2*4000 𝟒𝟎𝟎𝟎 2 8000
Wooden Spatula Spoon 𝟏𝟎𝟎 1 100
2*100
Tongs 𝟏𝟎𝟎 2 200
Total fixed assets per unit Type equation here. 87590
As our company policy is to charge Straight Line Depreciation on fixed assets is 20 %

So depreciation during the month =87,590×20%=(17518÷12)= 1460

 Cost Identification for our Business:

Product
Cost
Cost Item Direct Direct Labor Manuf Period Cost Fixed Vari Direc Indi
Material (if any) acturin Cost Total Cost able t rect
g Cost Cost Cost
Overh Cost
Cost Total per
per Cost Cost per Total ead Unit/Mi
Unit labor Cost n

Raw material 20 46,080 Y Y

(Coconut)
Wages of labor 50 76,800 Y Y

Factory Rent 10,000 Y Y

Salary of factory 12,000 Y Y

supervisor (1
person)
Salary of sales 24,000 Y Y
representative (4
person)
Electricity Bills 5,000 Y Y

Depreciation 1376 Y Y

Water Bill 2000 Y Y

Gash Bill 975 Y Y

Advertisement Y Y

Sharp cleaver Y

Coconut Scrapper Y

Blender Y

Cheesecloth Y

Bowl Y

Stainless Steel Y
Spoon
Saucepan Y

Dual Burner gas Y

stove
Refrigerator Y

Strainer Y

Measuring Y
Machine
Wooden Spoon Y Y
 Tongs Y

Manufacturing Cost Per Unit:

Total Manufacturing cost= Direct material + Direct labor + MOH

= 46,080 + 76,800 + 31,351

= 1,54,231/-

Pohr= estimated total moh/ est total use of allocation base

= 31351/76800

=0.40