Managerial Accounting

Cost sheet for a chocolate manufacturing company

Total Output = 4,50,000 units

Particulars Cost Per Unit Total Cost

Raw material 5.16 23,20,000

Sugar = 3,00,000

Cocoa Butter= 3,00,000

Cocoa Solids = 3,20,000

Peanuts = 2,00,000

Milk Solids = 2,00,000

Chocolate Coated Rasins= 4,00,000

Almonds= 3,00,000

Vanilin= 1,00,000

Honey= 50,000

Boston Baked Bean= 1,50,000

Direct Labour= 7,00,000 1.56 7,00,000

Carriage on Material= 2,42,500 0.53 2,42,500

Prime Cost:- 7.25 32,62,500

Factory expenses:-

Fixed : 2.35 10,57,500

Depreciation on Plant and Machinery= 2,57,500

Rent= 1,50,000

Factory Insurance= 1,50,000

Supervisors Salary= 50,000

Variable :

Electricity Charges= 50,000

Power and Consumable Stores= 1,00,000

Running Expenses of Machine= 1,50,000

Factory Cost:- 9.6 43,20,000

Office and Administration Expenses 4.4 19,80,000

Office staff salary= 10,00,000

Rent= 80,000

Computer= 1,20,000

Furniture= 3,00,000

Telephone= 10,000

Carriage outward= 20,000

Depreciation on furniture= 50,000

Salaries to administrative staff= 3,70,000

Rates, and taxes= 30,000

Office and Administration Cost:- 14 63,00,000

Selling & Distribution Expenses 2 9,00,000

Advertisement (Print and by local T.V. channels)= 4,00,000

Petrol= 1,00,000

Delivery vehicles= 2,50,200

Maintenance of delivery vehicles= 49,800

Packing rates= 50,000

Total cost (Cost of Sales) 16 72,00,000

Net Profit (20% on selling price) 4 18,00,000

Sales 20 90,00,000