Please note that this sheet is only intended from a learning perspective and not intended to be used for

project validation
o be used for project validation
Primary - Average Costing

Qty Order 5 Qty Completed 4 Scrap 1

Item Code Items Resource Trx Type Std Qty Act Qty Rate Total Mat

T_COMP1 Mother Board WIP Issue 5 5 9 45

T_COMP2 Screen WIP Issue 5 6 17 102
T_COMP3 Frame WIP Issue 10 10 25 250
Machine WIP Resource 5 4.9
Assembler WIP Resource 5 4.9
Tester WIP Resource 10 7.75
T_COMP4 Packing Material WIP Issue 5 4 35 140
Packer WIP Resource 5 3.5
Total 537

Production
Work Center
Units Material Tax Mat O/H Labor Machine Total
Assembling 5 79.40 4.37 1.68 39.20 23.52 148.16
Testing 4 18.60 18.60
Packing 4 35.00 1.93 0.74 17.50 55.16
Per Unit Cost 114.40 6.29 2.41 75.30 23.52 221.93
Total Cost 4 457.60 25.17 9.66 301.20 94.08 887.70

Secondary - Standard Costing

Qty Order 5 Qty Completed 4 Scrap 1

Item Code Items Resource Trx Type Std Qty Act Qty Rate Total Mat

T_COMP1 Mother Board WIP Issue 5 5 11 55

T_COMP2 Screen WIP Issue 5 6 21 126
T_COMP3 Frame WIP Issue 10 10 31 310
Machine WIP Resource 5 4.9
Assembler WIP Resource 5 4.9
Tester WIP Resource 10 7.75
T_COMP4 Packing Material WIP Issue 5 4 44 176
Packer WIP Resource 5 3.5
Total 107 667

Production
Work Center
Units Material Tax Mat O/H Labor Machine Total
Assembling 4 376.00 8.00 200.00 120.00 704.00
Testing 4 120.00 120.00
Packing 4 176.00 100.00 276.00
Per Unit Cost 138.00 2.00 105.00 30.00 275.00
Total Cost 4 552.00 8.00 420.00 120.00 1,100.00

Reporting - Actual Costing

Qty Order 5 Qty Completed 4 Scrap 1

Item Code Items Resource Trx Type Std Qty Act Qty Rate Total Mat

T_COMP1 Mother Board WIP Issue 5 5 9 45

T_COMP2 Screen WIP Issue 5 6 17 102
T_COMP3 Frame WIP Issue 10 10 25 250
Machine WIP Resource 5 4.9
Assembler WIP Resource 5 4.9
Tester WIP Resource 10 7.75
T_COMP4 Packing Material WIP Issue 5 4 35 140
Packer WIP Resource 5 3.5
Total 537

Production
Work Center
Units Material Tax Mat O/H Labor Machine Total
Assembling 5 79.40 4.37 39.20 23.52 146.49
Testing 4 18.60 18.60
Packing 4 35.00 1.93 17.50 54.43
Per Unit Cost 114.40 6.29 75.30 23.52 219.51
Prod Cost 4 457.60 25.17 0.00 301.20 94.08 878.05
Scrap Cost 1 79.40 4.37 0.00 57.80 23.52 165.09
Total Cost 4 537.00 29.54 0.00 359.00 117.60 1,043.14
 Tax Mat O/H
(@5.5%) Total Tax (@2%) Total O/H Labor Total Labor Amount

0.495 2.475 0.1899 0.9495 48.42

0.935 5.61 0.3587 2.1522 109.76
1.375 13.75 0.5275 5.275 269.03
24 117.6 117.60
40 196 196.00
12 93 93.00
1.925 7.7 0.7385 2.954 150.65
20 70 70.00
29.535 11.3307 476.6 1,054.47

Scrap Variance
Units Material Tax Mat O/H Labor Machine Total Material Tax Mat O/H
0 0.00 0.00 0.00 0.00 0.00 0.00
1 79.40 4.37 1.68 57.80 23.52 166.76
0 0.00 0.00 0.00 0.00 0.00 0.00
79.40 4.37 1.68 57.80 23.52 166.76
1 79.40 4.37 1.68 57.80 23.52 166.76
15.81%

Tax
Total Tax Mat O/H Total O/H Labor Total Labor Amount
(@5.5%)
55.00
2 12 138.00
310.00
30 147 147.00
50 245 245.00
15 116.25 116.25
176.00
25 87.5 87.50
0 12 595.75 1,274.75

Scrap Variance
Units Material Tax Mat O/H Labor Machine Total Material Tax Mat O/H
0 0.00 0.00 0.00 0.00 0.00 -16.80 -1.60
1 98.20 2.40 72.25 29.40 202.25
0 0.00 0.00 0.00 0.00 0.00 0.00
98.20 2.40 72.25 29.40 202.25
 0 98.20 2.40 72.25 29.40 202.25 -16.80 0.00 -1.60
15.87%

Tax Mat O/H

Total Tax Total O/H Labor Total Labor Amount
(@5.5%) (@2%)
0.495 2.475 47.48
0.935 5.61 107.61
1.375 13.75 263.75
24 117.6 117.60
40 196 196.00
12 93 93.00
1.925 7.7 147.70
20 70 70.00
29.535 0 476.6 1,043.14

Scrap Variance
Units Material Tax Mat O/H Labor Machine Total Material Tax Mat O/H
0 0.00 0.00 0.00 0.00 0.00
1 79.40 4.37 57.80 23.52 165.09
0 0.00 0.00 0.00 0.00 0.00
79.40 4.37 57.80 23.52 165.09
1 79.40 4.37 0.00 57.80 23.52 165.09
15.83%
Variance
Labor Machine Total Total

1,054.47

Variance
Labor Machine Total Total Efficiency Variance 45.90
4.00 2.40 -12.00 Usage Variance -18.40
27.00 27.00
12.50 12.50
 43.50 2.40 27.50 1,274.75
2.50%

Variance
Labor Machine Total Total

1,043.14
 Primary - Average Costing

Qty Order 1000 Qty Completed 994 Scrap

Op
era
Item Code Items Resource Trx Type Std Qty Act Qty
tion
#
10 P_SUGARCANE SUGAR CANE WIP Issue 9,479 9,483
20 P_LIMESTONE MILK OF LIME WIP Issue 1,185 1,180
20 P_SO2 SULPHUR DIOXIDE(Fixed) WIP Issue 5 5.50
10 CRUSHER MILLS WIP Resource 2 1.90
20 ROTARY FILTER WIP Resource 4 3.80
30 VACCUM PAN WIP Resource 1 0.900
40 CENTRIFUGAL WIP Resource 1 0.995
50 SUGAR DRIER WIP Resource 2 1.80
10 CM OPERATOR WIP Resource 1 0.90
20 RF OPERATOR WIP Resource 2 1.80
30 VP OPERATOR WIP Resource 1 0.900
40 CF OPERATOR WIP Resource 1 0.995
50 SD OPERATOR WIP Resource 1 0.80
Total
Op
era Scrap
Operations
tion Units Material Tax Mat O/H Labor
#
10 Shredding 0 0.00 0.00 0.00 0.00
20 Purification 2 212.65 11.74 4.50 0.04
30 Evaporation 3 315.79 17.43 6.69 0.09
40 Centrifugalization 0 0.00 0.00 0.00 0.00
50 Drying 1 104.21 5.75 2.21 0.04
Per Unit Cost 105.44 5.82 2.23 0.03
Total Cost 6 632.65 34.92 13.40 0.17

Unallocated Costs
Operations
Material Tax Mat O/H Labor Machine
Stage 10 Input Cost 85,347.00 4,694.09 1,800.82 7.20 7.60
After Scrap 85,347.00 4,694.09 1,800.82 7.20 7.60
Stage 20 Input Cost 106,325.50 5,868.94 2,251.54 21.60 22.80
After Scrap 106,112.85 5,857.20 2,247.04 21.56 22.75
Stage 30 Input Cost 105,051.72 5,798.63 2,224.57 28.54 26.13
After Scrap 104,735.93 5,781.20 2,217.88 28.46 26.05
Stage 40 Input Cost 103,688.57 5,723.39 2,195.70 36.13 33.75
After Scrap 103,688.57 5,723.39 2,195.70 36.13 33.75
Stage 50 Input Cost 103,688.57 5,723.39 2,195.70 42.53 48.15
After Scrap 103,584.36 5,717.64 2,193.49 42.49 48.10

Production Units
Product Stage Allocation Standard Actual Material
 P_BPTRASH 10 8.5 47 45 382.50
P_BPMUD 20 1% 285 288 1,061.13
P_BPMOLASSES 30 1% 427 421 1,047.36
P_RAWSUGAR 50 100% 1000 994 103,584.36

Secondary - Standard Costing

Qty Order 1000 Qty Completed 994 Scrap

Item Code Items Resource Trx Type Std Qty Act Qty

P_SUGARCANE SUGAR CANE WIP Issue 9479 9483

P_LIMESTONE MILK OF LIME WIP Issue 1185 1180
P_SO2 SULPHUR DIOXIDE(Fixed) WIP Issue 5 6
CRUSHER MILLS WIP Resource 2 1.9
ROTARY FILTER WIP Resource 4 3.8
VACCUM PAN WIP Resource 1 0.9
CENTRIFUGAL WIP Resource 1 0.995
SUGAR DRIER WIP Resource 2 1.8
CM OPERATOR WIP Resource 1 0.9
RF OPERATOR WIP Resource 2 1.8
VP OPERATOR WIP Resource 1 0.9
CF OPERATOR WIP Resource 1 0.995
SD OPERATOR WIP Resource 1 0.8
Total
Op
era Scrap
Operations
tion Units Material Tax Mat O/H Labor
#
10 Shredding 0 0.00 0.00 0.00
20 Purification 2 236.24 2.36 0.05
30 Evaporation 3 350.77 3.50 0.11
40 Centrifugalization 0 0.00 0.00 0.00
50 Drying 1 115.77 1.16 0.05
Per Unit Cost 117.13 1.17 0.03
Total Cost 6 702.78 7.02 0.21

Unallocated Costs - Standard

Operations
Material Mat O/H Labor Machine Total
Stage 10 Input Cost 94,790.00 0.00 10.00 10.00 94,810.00
Stage 20 Input Cost 118,145.00 1,185.00 30.00 30.0000 119,390.00
Stage 30 Input Cost 116,963.55 1,173.15 39.70 34.7000 118,211.10
Stage 40 Input Cost 115,793.91 1,161.42 49.30 44.3530 117,048.99
Stage 50 Input Cost 115,793.91 1,161.42 59.30 64.3530 117,078.99

Production Units Material

Product Stage Allocation Standard Actual Standard
 P_BPTRASH 10 10 47 45 470.00
P_BPMUD 20 1% 285 288 1,181.45
P_BPMOLASSES 30 1% 427 421 1,169.64
P_RAWSUGAR 50 100% 1000 994 115,793.91

Variance - Usage/Efficiency
Operations
Material Tax Mat O/H Labor Machine
Shredding -39.76 0.99 0.50
Purification 87.73 4.97 1.99 0.99
Evaporation 0.98 0.49
Centrifugalization 0.00 0.00
Drying 1.95 1.90
Per Unit Cost
Total Cost 47.96 4.97 5.91 3.88

Usage 52.93
Efficiency 9.78
Yield -15.74
Batch Size -0.75
Job Close -0.06
Total 46.16

Reporting - Actual Costing

Qty Order 1000 Qty Completed 994 Scrap

Op
era Item Code Items Resource Trx Type Std Qty Act Qty
tion
#
10 P_SUGARCANE SUGAR CANE WIP Issue 9,479 9,483.00
20 P_LIMESTONE MILK OF LIME WIP Issue 1,185 1,180.00
20 P_SO2 SULPHUR DIOXIDE(Fixed) WIP Issue 5.00 5.50
10 CRUSHER MILLS WIP Resource 2.00 1.90
20 ROTARY FILTER WIP Resource 4.00 3.80
30 VACCUM PAN WIP Resource 1.00 0.90
40 CENTRIFUGAL WIP Resource 1.00 1.00
50 SUGAR DRIER WIP Resource 2.00 1.80
10 CM OPERATOR WIP Resource 1.00 0.90
20 RF OPERATOR WIP Resource 2.00 1.80
30 VP OPERATOR WIP Resource 1.00 0.90
40 CF OPERATOR WIP Resource 1.00 1.00
50 SD OPERATOR WIP Resource 1.00 0.80
Total
Op
era Scrap
Operations
tion Units Material Tax Mat O/H Labor
#
10 Shredding 0 0.00 0.00 0.00 0.00
20 Purification 2 212.65 11.74 0.00 0.04
30 Evaporation 3 315.79 17.43 0.00 0.09
40 Centrifugalization 0 0.00 0.00 0.00 0.00
50 Drying 1 104.21 5.75 0.00 0.04
Per Unit Cost 105.44 5.82 0.00 0.03
Total Cost 6 632.65 34.92 0.00 0.17

Unallocated Costs
Operations
Material Tax Mat O/H Labor Machine
Stage 10 Input Cost 85,347.00 4,694.09 0.00 7.2 7.6
Stage 20 Input Cost 106,325.50 5,868.94 0.00 21.60 22.80
Stage 30 Input Cost 105,262.25 5,810.25 0.00 28.58 26.17
Stage 40 Input Cost 104,209.62 5,752.15 0.00 36.26 33.87
Stage 50 Input Cost 104,209.62 5,752.15 0.00 42.66 48.27

Production Units
Product Stage Allocation Standard Actual Material
P_BPTRASH 10 8.5 47 45 382.50
P_BPMUD 20 1% 285 288 1,063.26
P_BPMOLASSES 30 1% 427 421 1,052.62
P_RAWSUGAR 50 100% 1000 994 104,209.62
 6

Tax Mat O/H Total

Rate Total Mat Total Tax Total O/H Resource
(@5.5%) (@2%) Resource
9 85,347.00 0.495 4,694.09 0.1899 1,800.82
18 21,240.00 0.990 1,168.20 0.3798 448.16
22 121.00 1.210 6.66 0.4642 2.55
4 7.6
4 15.2
4 3.6
8 7.96
8 14.4
8 7.2
8 14.4
8 7.2
8 7.96
8 6.4
106,708.00 5868.94 2251.54 91.92

Machine Total
0.00 0.00
0.05 228.98
0.08 340.07
0.00 0.00
0.05 112.26
0.03 113.55
0.17 681.31

Total
91,856.71
91,856.71
114,490.38
114,261.40
113,129.58
112,789.52
111,677.54
111,677.54
111,698.34
111,586.08

Tax Mat O/H Labor Machine Total

 0.00 0.00 0.00 0.00 382.50
58.57 22.47 0.22 0.23 1,142.61
57.81 22.18 0.28 0.26 1,127.90
5,717.64 2,193.49 42.49 48.10 111,586.08
114,239.09

Tax
Rate Total Mat Total Tax Mat O/H Total O/H Labor Total Labor
(@5.5%)
10 94830
20 23600 1 1180
25 137.5
5 9.5
5 19
5 4.5
10 9.95
10 18
10 9
10 18
10 9
10 9.95
10 8
55 118567.5 0 1180 114.9

Machine Total
0.00 0.00
0.06 238.71
0.10 354.48
0.00 0.00
0.04 117.01
0.03 118.37
0.20 710.20

Unallocated Costs - Actual

Material Mat O/H Labor Machine Total
94830.00 0.00 9.00 9.50 94848.5
118,117.50 1,180.00 27.00 28.50 119353
116,923.61 1,168.03 35.70 32.70 118160.03
115,770.41 1,156.46 45.26 42.30 117014.43
115,770.41 1,156.46 45.26 42.30 117014.43

Material Mat O/H Labor Machine

Actual Standard Actual Standard Actual Standard Actual Total
 450.00 0.00 0.00 0.00 0.00 0.00 0.00 450.00
1,193.89 11.85 11.97 0.30 0.30 0.30 0.30 1,206.47
1,153.20 11.73 11.57 0.40 0.39 0.35 0.34 1,165.50
115,099.15 1,161.42 1,154.45 59.30 58.95 64.35 63.97 116,376.52

Total Total Product Stage Actual Prod Planned Prod Yield

-38.27 BPTRASH 10 45 47.00 -2.00
95.68 BPMUD 20 288 284.43 3.5700
1.46 BPMOLASSE 30 421 424.87 -3.87
0.00
3.85

62.72 119,908.68

Rate Total Mat Tax Total Tax Mat O/H Total O/H Resource Total
(@5.5%) (@2%) Resource
9 85,347.00 0.495 4,694.09
18 21,240.00 0.990 1,168.20
22 121.00 1.210 6.66
4 7.6
4 15.2
4 3.6
8 7.96
8 14.4
8 7.2
8 14.4
8 7.2
8 7.96
8 6.4
106,708.00 5868.94 0.00 91.92

Machine Total
 0.00 0.00
0.05 224.48
0.08 333.38
0.00 0.00
0.05 110.05
0.03 111.32
0.17 667.91

Total
90,055.89
112,238.84
111,127.25
110,031.90
110,052.70

Tax Mat O/H Labor Machine Total

0.00 0.00 0.00 0.00 382.50
58.69 0.00 0.22 0.23 1,122.39
58.10 0.00 0.29 0.26 1,111.27
5,752.15 0.00 42.66 48.27 110,052.70
112,668.86 0.00
 Output Cost Allocation Factors
Operatio CPBAGGA
Amount BPTRASH BPMUD BPMOLASSES
n# GE
91,841.91 10 10%
22,856.36 20 1%
130.21 30 1%
7.60 40
15.20 50
3.60
7.96
14.40
7.20
14.40
7.20
7.96
6.40
114,920.40
Amount

94,830.00
24,780.00
137.50
9.50
19.00
4.50
9.95
18.00
9.00
18.00
9.00
9.95
8.00
119,862.40
Yield Var
-20.00
14.96
-10.70
-15.74

Amount

90,041.09
22,408.20
127.66
7.60
15.20
3.60
7.96
14.40
7.20
14.40
7.20
7.96
6.40
112,668.86
Total

10%
1%
1%
0%
0%