Hours

Rate

Percentage
Total Cost
Casting
Grinding
Machining
Assembly
Total Cost

126
21
12
58
35

16.7
9.5
46.0
27.8

Hours

Rate

Percentage
Total Cost
Casting
Grinding
Machining
Total Cost

18.0
16.0
66.0

1689
304
270
1115

Hours

CS-29 Injectors- A batch (100) - Costing

Current Method
Proposed Method
Rate
Total
55.96
7050.96
52.97 1112.37
48.14
577.68
87.52 5076.16
40.19 1406.65
8172.86

Spare Parts Costing

Current Method
Proposed Method
Rate
Total
55.96
94516.44
52.97 16102.88
48.14 12997.8
87.52 97584.8
126685.5

Other Divisions
Current Method

Rate

Percentage
Total Cost
Casting
Grinding
Machining
Total Cost

20.0
16.0
64.0

3372
674
540
2158

55.96

Revenue
Material Cost
Labour and Overheads

Revenue
Material Cost
Labour
Overhead Cost

Proposed Method
Rate
Total

188697.12
52.97 35701.78
48.14 25995.6
87.52 188868.2
250565.5

Answer to question #4
Current Method
Proposed Method
11300
11300
4200
4200
7050.96 8172.86
49.04 -1072.86

Current Method
Proposed Method
11300
11300
4200
4200
2640.96
2784.6
4459.04
4315.4
4410 5388.26

Revised Proposed Method

Rate
Total
53.12
46.75
86.5
39.14

1115.52
561
5017
1369.9
8063.42

Revised Proposed Method

Rate
Total
53.12
46.75
86.5

16148.48
12622.5
96447.5
125218.48

Revised Proposed Method

Rate
Total
53.12
46.75
86.5

35802.88
25245
186667
247714.88

11250.96
11300