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  • Dust Bin Cost

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    melku
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    The document outlines the production costs for dust bin manufacturing including: 1) Raw material costs of $8,800 for items like sheet metal and iron. 2) Commercial item costs of $3,000 for things like grinding disks and bolts. 3) Direct labor costs of $5,250 for framing, pattern development, assembly, and finishing. 4) Overhead costs including indirect labor of $5,000 and factory expenses of $1,700, bringing the total manufacturing cost to $23,240.

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    dust bin Cost (2)

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    The document outlines the production costs for dust bin manufacturing including: 1) Raw material costs of $8,800 for items like sheet metal and iron. 2) Commercial item costs of $3,000 for things like grinding disks and bolts. 3) Direct labor costs of $5,250 for framing, pattern development, assembly, and finishing. 4) Overhead costs including indirect labor of $5,000 and factory expenses of $1,700, bringing the total manufacturing cost to $23,240.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    15 views2 pages

    Dust Bin Cost

    Uploaded by

    melku
    The document outlines the production costs for dust bin manufacturing including: 1) Raw material costs of $8,800 for items like sheet metal and iron. 2) Commercial item costs of $3,000 for things like grinding disks and bolts. 3) Direct labor costs of $5,250 for framing, pattern development, assembly, and finishing. 4) Overhead costs including indirect labor of $5,000 and factory expenses of $1,700, bringing the total manufacturing cost to $23,240.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Dust Bin Production Cost

    1.1.1 Raw Material Cost

    No. Material Used for Specification Quantity Unit Price Total Price Remark

    1. SHS 20x 20x 1.25 2 700 1,400

    2. SHS 30x30x1.25 2 1,000 2,000

    3. Sheet metal 1mm 4 1,200 4,800

    4. flat Iron 5mm x 60mm 1 600 600

    Raw Material Total Price 8,800

    1.1.2 Standard/Commercial Items Cost

    No Item Name Quantity Specification Unit Unit Price Total Price Remark

    1 Grinder Disk 2 DIA180 250 500

    2 Elecrod 1 E60 600 600

    3 Bolt and 30 DIA 6 10 300

    4 Anti Rust 1 pack 600 600

    5 Metal Paint 1 Galon 850 800

    8 struko 1/2 kg 200 200

    Total Commercial Items 3,000


    Price
    1.1.3 Direct Labor cost

    No. Item to be Quantity Time needed payment Total Price in Total Price Remark
    made per hour
    1 Framming 15 250 1250 1250

    2 Dust Bin Pattern 24 200 1600 1600


    development
    and welding
    3 Assembly 14 200 800 800

    4 Finishing 18 200 1600 1600

    Total Direct Labor cost 5,250


    2. over Head Cost

    2.1 Indirect labor Cost

    No payment
    Position Qualification Quantity per project Remark
    1 Management 4 2000

    2 Purchasing 1 1,500

    3 Finance 1 1,500

    Total Indirect labor Cost 5,000

    2.2 Factory Expense Cost

    No Overhead Payment Per


    Remark
    Expense Month
    1 Power 600

    2 Machine D 500

    3 Telephone 100

    4 Transport 500

    Total Factory Expense 1,700


    Cost

    Manufacturing Cost 20,750


    Contingency Cost 12% 2,490.0
    Total Manufacturing Cost 23,240

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