16. Work out, in the Cost Sheet form, the unit cost of production per yard of khaki drill in a
textile factory from the following data obtained for the month of May, 2015 :
Khaki Cotton Thread :
4,000 kgs. at 3.50 per kg.
Direct Labour :
200 men at * 4.50 per day for 20 days.
Stores Overheads at the rate of 10 per cent on Direct Materials.
Shop Overheads :
Variable 50 per cent
on Direct Labour
Fixed 100 per cent
Credit on account of sales of cotton waste :Scrap
400 kgs. at * 1 per kg. recovered from the Khaki Drill Cloth Weaving Shop of the 19
Factory
Administration Overheads : 10 per cent of Factory Cost.
Total output for the month : 33,000 metres.
There is no Work-in-Progress at the beginning of the month or at the end of the month.
Ans. [Total Cost 66,000]
Wolne
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