Statement
Showing the Total and Per Unit Cost Of Each
Product
Particulars
Units
Amounts($)
Month
1
Production
Cost
Shirt 1900
Pant 1300
Total Production 3200
Less Production Without Overtime @$10 2400 24000
Production with overtime @$16 P.u 800 12800
Storage Cost @ $1 P.u on 3200 units 3200 3200
Total 3200 40000
Per unit Cost ( $40000/3200 units) = $12.50
Month
2
Production Cost During the month
Shirt 1200
Pant 1400
Total Production 2600
Less: Production Without Overtime @ $10
2400 24000
Production with Overtime @ $16 200
3200
Storage Cost @ $1 for 2600 units 2600
Total Cost 29800
Per Unit Cost($29800/2600 units) $11.46
Working Note
1) Production of closths for Two months
Particulars Shirts Pant
Month 1
Demand 2000 1500
Less: Opening Stock 100 200
Production during Month 1 1900 1300
Month 2
Demand 1200 1400
Less: Opening Stock Nil Nil
Production During Month 2 1200 1400
2) There is no information regarding the material and labour
cost per unit separately. Only a total cost is given. Also there is
no differnce of cost is given for Shirt and pant. An uniform rate
of cost @ $10 is given. So, the information regarding stock of
cloths and labour hours is immaterial.
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