From the following data CALCULATE (i) Administration cost, (ii) Selling cost and (iii) Distribution cost: Amount (₹) (i) Rent paid for factory…

CA Intermediate · Cost and Management Accounting · MTP · January 2025
From the following data CALCULATE (i) Administration cost, (ii) Selling cost and (iii) Distribution cost: Amount (₹) (i) Rent paid for factory building 96,000 (ii) Salary paid to office staffs 8,20,000 (iii) Fees paid to auditors 92,000 (iv) Salary paid to sales manager 8,00,000 (v) Vehicle hire charges paid for directors attending general meeting 10,200 (vi) Wages paid to workers engaged in storing goods at sales depot 7,200 (vii) Travelling allowance paid to sales staffs 9,600 (viii) Cost paid for secondary packing 8,200 (ix) Electricity bill paid for sales office 1,800 (x) Depreciation on goods delivery vehicles 13,000 (xi) Bonus paid to sales staffs for achieving targets 96,000 (xii) Fees paid to independent directors 1,02,000

Suggested Answer and Working Notes:

(i) Calculation of Administration cost: Particulars Amount (₹) Salary paid to office staffs 8,20,000 Fees paid to auditors 92,000 Vehicle hire charges paid for directors attending general meeting 10,200 Fees paid to independent directors 1,02,000 10,24,200 (ii) Calculation of Selling cost: Particulars Amount (₹) Salary paid to sales manager 8,00,000 Wages paid to workers engaged in storing goods at sales depot 7,200 Travelling allowance paid to sales staffs 9,600 Electricity bill paid for sales office 1,800 Bonus paid to sales staffs for achieving targets 96,000 9,14,600 (iii) Calculation of Distribution cost: Particulars Amount (₹) Cost paid for secondary packing 8,200 Depreciation on goods delivery vehicles 13,000 21,200

Topics: Cost Sheet

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