OKRAMITE

Products
A- with cheese
B- with bacon and cheese
C- with ground pork

VARIABLE COST
DIRECT MATERIALS for making the product

ITEM QUANTITY UNIT UNIT COST TOTAL COST

Okra 20 Pieces 1.00/pc 20
Cheese 1 Grams 38.00/165 g 38
Bacon 1 Grams 33.50/ 32.50
Lumpia Wrapper 2 tanda 8.00/pc 16
Giniling 1 Grams 15.00/62.5 g 15
Egg (JC) 1 Pieces 5.00/pc 5
Bread Crumbs (JC) 1 Grams 12.00/pack 12
Oil (JC) 1 ml 10.00/175 ml 10
Dressing (JC) 1 Pack 15.00/pack 15
Pepper 1 Sachet 2.00/sachet 2
Magic Sarap 1/2 Sachet 4.00/sachet 2
Onion 1 Pieces 4.00/pc 4
Garlic 1 pieces 5.00/pc 5
TOTAL 176.50 php

 MAIN COST

Products Units Produced Main cost

A 5 21.50
B 10 76.00
C 5 37.00
20 134.50 php
  JOINT COST allocation

Products Units Produced Ave. Unit Cost Share in joint Cost

A 5 2.10 10.50
B 10 2.10 21.00
C 5 2.10 10.50
20 42.00 php

(42.00/20 = 2.100)

DIRECT LABOR for making the product

Direct Labor – (1 pc at Php 1.50)

Products Rate Units Produced Total Cost

A 1.50 5 7.50
B 1.50 10 15.00
C 1.50 5 7.50
Total Labor Cost 30.00 php

FIXED COST

Equipment

ITEM QUANTITY UNIT UNIT COST TOTAL COST

Knife 1 Piece 60.00/ pc. 60.00

Glove 3 Pieces 10.00/ pc. 30.00

Scissor 1 Piece 70.00/ pc. 70.00

Chopping Board 1 Piece 100.00/ pc. 100.00

Mixing Bowl 1 Piece 70.00/ pc. 70.00

Plate 1 Piece 20.00/ pc. 20.00

Container 1 Piece 100.00/ pc. 100.00

Talyasi 1 Piece 320.00/ pc. 320.00

Tongs 1 Piece 70.00/ pc. 70.00

TOTAL 840.00 php

 Utilities

ITEM COST
Water 200.00

Electricity 200.00

LPG tank 600.00

TOTAL 1000.00 php

Fixed cost = 840.00 / 365 days + 1000.00 / 30 days

= 2.30 + 33.33
= 35.63 php

Product A = (35.63 / 20 ) x 5 = 8.91

B = (35.63 / 20) x 10 = 17.82
C = (35.63 / 20) x 5 = 8.91

UNIT COST =( fixed cost + variable cost) / total units produced

PRODUCT

A B C
Variable cost
Direct Materials
(Main cost) 21.50 76.00 37.00
(Share in joint cost) 10.50 21.00 10.50
Direct Labor 7.50 15.00 7.50
Total Variable cost 39.50 112.00 55.00

Fixed cost 8.91 17.82 8.91

Total cost 48.41 129.82 63.91

Divide: Units Produced 5 pcs 10 pcs 5 pcs
Cost per Unit 9.68 php 12.98 php 12.78 php