Scribd
Upload
68 views

Direct Material: Cost Sheet of The Matrukrupa Pattern Industries As On 31st March 2012

The cost sheet of Matrukrupa Pattern Industries shows direct material costs of ₹16.32 lakhs, direct wages of ₹18.8 lakhs, and prime cost of ₹35.12 lakhs. Factory overhead was ₹16.19 lakhs or 86.1% of direct wages, bringing the factory cost to ₹51.31 lakhs. Administration overhead was ₹2.93 lakhs or 5.42% of work cost, bringing the cost of production to ₹54.24 lakhs. Selling costs were ₹0.61 lakhs or 1.18% of work

Uploaded by

Khushal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
68 views

Direct Material: Cost Sheet of The Matrukrupa Pattern Industries As On 31st March 2012

The cost sheet of Matrukrupa Pattern Industries shows direct material costs of ₹16.32 lakhs, direct wages of ₹18.8 lakhs, and prime cost of ₹35.12 lakhs. Factory overhead was ₹16.19 lakhs or 86.1% of direct wages, bringing the factory cost to ₹51.31 lakhs. Administration overhead was ₹2.93 lakhs or 5.42% of work cost, bringing the cost of production to ₹54.24 lakhs. Selling costs were ₹0.61 lakhs or 1.18% of work

Uploaded by

Khushal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 4

Cost Sheet of the Matrukrupa Pattern Industries as on 31st March 2012

Particulars Amount( `)
(inlakhs)
Direct Material
O/P Stock 3.25
Purchase 25
Carriage Inward 0.35
Less Closing Stock -2.75
25.85
Direct Wages 10.65
Prime Cost 36.5
Factory Overhead
Loose Tools 0.2
Indirect Wages 0.72
Eletricity 3
Repairs and maintence 0.75
Depericiation on Machinery 4.5
Total 9.17
Factory Cost/Work Cost 45.67
Administration overheads
Rent 1.8
Depericiation on offices and furnitu 0.21
Printing and Stationery 0.045
Insurance 0.26
Bank charges 0.012
Legal and Audit fees 0.15
Total 2.477
Cost of Production 48.147
Selling and Distrubution Cost 0.54

Cost of Sales 48.687


Profit 13.553
Sales 62.24

Table: A

% of Factory Overhaead to Direct 86.10


% of Administration Overhead to W 5.42
% of Selling Overhead to Work Cost 1.18
% of profit on sales 21.78
Cost Sheet of the Matrukrupa Pattern Industries as on 31st March 2012

Particulars Amount( `)
(in'000)
Direct Material 1.63

Direct Wages 4.87


Prime Cost 6.50
Factory Overhead 4.19
86.10 % of Direct Wages
Factory Cost/Work Cost 10.69
Administration overheads 0.61
5.42% of Work Cost
Cost of Production 11.30
Selling and Distrubution Cost 0.13
1.18% of Work Cost
Cost of Sales 11.43
Profit 3.18
Sales 14.61
Cost Sheet of the Matrukrupa Pattern Industries as on 31st March 2012

Particulars Amount( `)
(in'000)
Direct Material 2.50

Direct Wages 5.92


Prime Cost 8.42
Factory Overhead 5.10
86.10 % of Direct Wages
Factory Cost/Work Cost 13.52
Administration overheads 0.77
5.42% of Work Cost
Cost of Production 14.29
Selling and Distrubution Cost 0.16
1.18% of Work Cost
Cost of Sales 14.45
Profit 4.02
Sales 18.47
Cost Sheet of the Matrukrupa Pattern Industries as on 31st March 2012

Particulars Amount( `)
(in'000)
Direct Material 16.32

Direct Wages 18.80


Prime Cost 35.12
Factory Overhead 16.19
86.10 % of Direct Wages
Factory Cost/Work Cost 51.31
Administration overheads 2.93
5.42% of Work Cost
Cost of Production 54.24
Selling and Distrubution Cost 0.61
1.18% of Work Cost
Cost of Sales 54.85
Profit 15.27
Sales 70.12

You might also like