Examples of Manufacturing Expenses in a sentence
Cost of Material Rs.1,60,000 ; Wages 2,40,000; Manufacturing Expenses Rs.1,00,000; Salaries Rs.1,20,000; Rent, Rates and Insurance Rs 20,000; Selling Expenses Rs.60,000; General expenses Rs. 40,000; and Sales Rs,8,00,000 The company plans to manufacture 3,000 sewing machines during 2016.
Cost for this purpose includes Raw material, Wages, Manufacturing Expenses, Production Overheads and Depreciation.
Finished Goods are valued at lower of cost, based on First in First Out (FIFO) method, arrived after including depreciation on Plant & Machinery, Electrical Installation and Factory Building, Repair & Maintenance on Factory Building, specific Manufacturing Expenses including Excise Duty and specific Payments and Benefits to Employees or net realizable value.
Manufacturing Expenses and Cost of SalesEWS expenses all costs as incurred unless such costs are directly related to specific ongoing projects.
As AtMarch 31st , 2014As AtMarch 31st, 2013(1) Manufacturing Expenses Power and Fuel1,688,5201,541,178Repairs & Maintainance - Plant and Machinery1,126,7781,016,252Manufacturing Processing Cost37,742,82131,532,036Carting, Freight, Octroi Inwards9,087,8263,600,446Other Mfg.