Cost Project

4 days per month Table 1= Direct vs Indirect

white korma 288 per month
Material quantity per Batch Cost per unit Total Cost
chicken kg 48 300 14,400
vegetable (onion,ginger,etc) kg 22 80 1,760
oil kg 12 190 2,280
yogurt 8 70 560
salts & chilli, black powder, g 1 60 60
Total 19,060 66.18056
Table 2: Labor:Direct,Indirect
Job description Hours Rate Total cost
helper 64 38 2432
sweepeer 64 28 1792
Total 4224 14.66667
Supervisor 2
Pre-determined Overhead rate
Total Estimated annaual overhead 111415
driver hourslb
Estimated annual driver 64
Cost per actual driver used 1740.859
Annual OH
Per unit cost
Direct materials 66.18056
Direct labor 14.667
Applied Overhead OH rate 1740
Total Unit cost 1820.848
Asset Cost Life Annual depreciation Overheads
cooking machine 45000 10 4500 375
plates 20000 2 10000 833.33
furnitures 60000 3 20000 1667
TOTAL 125000 34500 2875.33
Table 4=Overhead Costs
DescriptionFixed cost per month Variable cost per unit Annual* Amount
Indirect Materials 2,900 34800
Indirect Labor 2 8000 96000
Depriciation 2875.33 34500
Rent 40000 480000
Utilities 40000 480000
TOTAL 93775.33 1125300
Table 5 = Selling, General, Administration
Fixed Montly Cost Variable Cost Total
Selling costs
Material 20000 240000
G&A cost
stationary 540 6480
Depriciation 2875.33 34504
rent 40000 480000
Labor (waiter) 8000 96000
utilities 40000 480000
Total sell & G & A 111415.3 1336984
RAW MATERIAL
chichken kg
vegetable
oil kg
yougart
salt, chilli, black papper
direct labour
helper
sweeper
waite
foh cost
Indirect Materials
Indirect Labor 2
Depriciation
Rent
Utilities
work In process
material
labour
foh
finished goods acoount
work in process
cost of goods accounts
finished goods
RAW MATERIAL
amount
380
80
190 C/d 780
70
60
780 780
direct labour
2432
1792 c/d 4224
4224 4224
2,900
8000
0 c/d 90900
40000
40000
90900 90900
work In process
780 finished goods 95904
4224
90900
95904 95904
finished goods acoount
95904 cgs 95904
95904 95904
cost of goods accounts
95904 income statement 95904
95904 95904