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Vesava Machimar Vivid Karyakari Sahakari Society LTD

This document provides a company profile and cost sheet for Vesava Machimar Vivid Karyakari Sahakari Society Ltd, an ice manufacturing cooperative established in 1947 to provide ice and diesel to fishermen in Versova. It employs 34 people with a monthly salary of Rs. 6,000 per employee. The cost of ice cube production is Rs. 165 while each cube is sold for Rs. 220. The cost sheet details expenses including direct wages of Rs. 24.48 lakh, factory overheads of Rs. 40.82 lakh, office and administration costs of Rs. 15.5 lakh, and selling and distribution costs of Rs. 17.75 lakh, with a total cost of sales of Rs

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Nimish Deshmukh
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110 views6 pages

Vesava Machimar Vivid Karyakari Sahakari Society LTD

This document provides a company profile and cost sheet for Vesava Machimar Vivid Karyakari Sahakari Society Ltd, an ice manufacturing cooperative established in 1947 to provide ice and diesel to fishermen in Versova. It employs 34 people with a monthly salary of Rs. 6,000 per employee. The cost of ice cube production is Rs. 165 while each cube is sold for Rs. 220. The cost sheet details expenses including direct wages of Rs. 24.48 lakh, factory overheads of Rs. 40.82 lakh, office and administration costs of Rs. 15.5 lakh, and selling and distribution costs of Rs. 17.75 lakh, with a total cost of sales of Rs

Uploaded by

Nimish Deshmukh
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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VESAVA MACHIMAR VIVID KARYAKARI SAHAKARI SOCIETY LTD.

COMPANY PROFILE

This Vesava Machimar Vivid Karyakari Sahakari Society Ltd. Was established in 1947. This society was mainly formed for providing the ICE and DIESEL for the fisherman who owes a BOAT. And the cost sheet is all about ICE Manufacturing.

Direct Wages/Indirect Wages :- RS.24,48,000 .34 employees and salary is 6000 per month forper employee. Office Salaries :-RS.10,00,000. The employees works in department of Ice sector in Versova. Sales :- RS.1,58,40,000. Each ICE CUBES is for Rs. 220 and Manufacturing cost is Rs.165.

Plant and machinery:- The Machinery is of Rs.40,00,000 current value and they providing 10% depreciation SLM method.
Gas and Water:- The gas and water is required of RS.84,000 annually.

Cost Sheet for the Year ended 2013


Direct Cost
Opening stock of raw material Raw material purchase Direct wages PRIME COST (A)Add :- factory overheads Indirect material Indirect wages 5,00,000 25,25,000 14,48,000 44,73,000 50,000 10,00,000

Insurance
Factory lighting Supervision charges Works stationery Repairs Depreciation on plant and machinery Gas and water Work Cost

10,00,000
10,00,000 48,000 1,00,000 4,00,000 400,000 84,000 40,82,000

(B)office and administration cverheads Office salaries Office stationery Depreciation on office furniture Office lighting Cost of production (c) selling and distribution overheads bad debts selling and distribution expenses Selling & distribution cost Cost of Sales Profit Sales

10,00,000 1,00,000 1,50,000 3,00,000 15,50,000

2,75,000 15,00,000 17,75,000 1,18,80,000 39,60,00 1,58,40,000

THANK YOU

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