You are required to prepare a cost statement showing the subdivision of total cost.
IssamareyABC 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 |
12 years ago
3
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statement_of_cost.xlsx
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