You are required to prepare a cost statement showing the subdivision of total cost.
ABC Ltd., a manufacturing company, incurred the following expenses during a certain
period. You are required to prepare a cost statement showing the subdivision of total
cost.
Ksh
| |
Materials Used on Jobs
|
120,540
|
Add: Wages Traceable to jobs
|
86650
|
Wages paid to personnel for maintance work
|
12600
|
Works Salaries
|
20400
|
Salaries of sales personnel
|
15100
|
Hire of crane jobs no 132
|
1300
|
Consumable store
|
380
|
Carriage Outwards
|
2800
|
Carriage Inwards on raw materials
|
860
|
Directors Fees
|
10000
|
Factory rent and rates
|
8300
|
Depreciation of plant
|
3800
|
Depreciation of delivery van
|
1600
|
Insurance on finished goods
|
2500
|
Lubrication Oils
|
250
|
Bad Debts
|
300
|
Commision to sales personnel
|
2850
|
Cost of Idle time in factory
|
510
|
Auditors Fees
|
3800
|
Dividends Paid
|
6800
|
Lighting of show room
|
1500
|
Office Salaries and Expenses
|
7000
|
No comments:
Post a Comment