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Plastim Basic Cost Overview

The document outlines the cost build up for two products, P1 and P2. It provides the direct costs, indirect costs, and total costs for each product. It also shows the total indirect costs and calculates the per unit costs for P1 and P2 using two different allocation bases: hours and units.

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ShariffNBaksh
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© Attribution Non-Commercial (BY-NC)
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16 views3 pages

Plastim Basic Cost Overview

The document outlines the cost build up for two products, P1 and P2. It provides the direct costs, indirect costs, and total costs for each product. It also shows the total indirect costs and calculates the per unit costs for P1 and P2 using two different allocation bases: hours and units.

Uploaded by

ShariffNBaksh
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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COST BUILD UP: 2 Products P1 and P2

TOTAL COSTS P1 Direct Cost P1 Direct Material 1 Direct Labor 1 Direct Others Indirect 1 Costs P1 TOTAL COSTS P2 Direct Cost P2 Direct Material 2 Direct Labor 2 Direct Others Indirect 2 Costs 2

TOTAL Indirect Costs Selling Admin Indirect Labor etc 4/20/12

? ?

COST BUILD UP: 2 Products P1 and P2


TOTAL COSTS P1 Direct Cost P1 1,725 K Indirect Costs P1 = 30/39.75 * 2.385k = 1,800k 60k units, 30k hrs. 15k units, 9.75k hrs % TOTAL COSTS P2 Direct Cost P2 870 k % Indirect Costs 2 = 9.75/39.75 * 2.385k = 585k

TOTAL Indirect Costs 2,385K 39.75k = 60/hr

? ?

Total =3,525k = 58.75Per Unit 4/20/12

Total =1,455k = 97 per unit

ANOTHER ALLOCATION BASIS UNITS COST BUILD UP: 2 Products P1 and P2


TOTAL COSTS P1 Direct Cost P1 1,725 K Indirect Costs P1 = 60/75 * 2.385k = 1,908k 60k units, 30k hrs. 15k units, 9.75k hrs % TOTAL COSTS P2 Direct Cost P2 870 k % Indirect Costs 2 = 15/75 * 2.385k = 477k

TOTAL Indirect Costs 2,385K 75k = 31.80 per unit

? ?

Total =3,633k = 60.55 Per Unit 4/20/12

Total =1,347k = 89.8 per unit

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