Production
Direct Labor
Direct Material
Machine hours
Production Runs
Number ofshipments
Hours of engg works
Direct Labor
Direct Material
Machine related expenses
Production Runs
Control dept
Number ofshipments
Hours of engg works
Total Cost
Cost/unit
Target SP
Gross Margin
Actual Selling Price
Actual Gross Margin
Pumps
Flow Controls
Total
7500
10
16
3750
10
10
250
12500
12.5
20
6250
50
70
375
4000
10
22
1200
100
220
625
24000
32.5
58
11200
160
300
1250
75000
120000
112500
2500
11250
5000
20000
156250
250000
187500
12500
56250
35000
30000
40000
88000
36000
25000
112500
110000
50000
271250
458000
336000
40000
180000
150000
100000
346250
46.1666667
86.15
35%
86
46%
727500
58.2
107.69
35%
87
33%
461500
115.375
95.38
35%
105
-10%
1535250
Valves
Production
Direct Labor
Direct Material
Machine hours
Production Runs
Number ofshipments
Hours of engg works
Direct Labor
Direct Material
Machine related expenses
Production Runs
Control dept
Number ofshipments
Hours of engg works
Total Cost
Cost/unit
Target SP
Gross Margin
Actual Selling Price
Actual Gross Margin
Pumps
Flow Controls
Total
7500
10
16
3750
10
10
250
12500
12.5
20
6250
50
70
375
4000
10
22
1200
100
220
625
24000
32.5
58
11200
160
300
1250
75000
120000
112500
2500
11250
5000
20000
156250
250000
187500
12500
56250
35000
30000
40000
88000
36000
25000
112500
110000
50000
271250
458000
336000
40000
180000
150000
100000
346250
46.16667
86.15
35%
86
46%
727500
58.2
107.69
35%
87
33%
461500
115.375
95.38
35%
105
-10%
1535250