1987

6145

1988
6171

Income Statement
Sales
Excise
Rent
Gross Margin
Chemical
Depreciation
Govt. supervision
Selling & advt
Admin & General

97
42000
31605
6145
4250
136
36
6
1568
1000
1504

98
42000
31605
6171
4224
166
44
14
1874
1228
889

1987

1988

22749

22749

5687

8473

28436

31222

22749

25509

458
6145

458
6171

87
42000
31605
6145
4250
136

88
42000
31605
6171
4224
166

COGS

Beg inventory
(43000x4x132.26
Production during the
year
For 87 - 43000x1x132.26
For 88 - 63000x1x134.50

Ending Inventory
For 87 - 43000x4x132.26
For 88 - 43000x3 +
63000x1x132.86

Income Statement
Year
Sales
Excise
COGS
Gross Margin
Chemical

Depreciation
Govt. supervision
Selling & advt
Admin & General
Net Profit/Loss

36
6
1568
1000
1504

44
14
1874
1228
898

total cost
production cost
Barrel cost
occupancy cost - factory building
occupancy cost - rented building
warehouse labor and sup cost
lobor and supplies exp
depreciation - factory equip
depreciation - warehouse equip
Govt supervision cost

1987 (total barrels 43000)

cost per barrel
cumulative cost

2253

52.4

2709

63

115.4

265
272
188
136
24
12
6

6.16
6.33
4.37
3.16
0.56
0.28
0.14

121.56
127.89
132.26
135.42
135.98
136.26
136.4

1987

1988

19848

19848

4962

7270

24810

27118

19848

22156

458
5420

458
5420

COGS - Barrel Cost

Beg inventory
(43000x4x115.4
Production during the year
For 87 - 43000x1x115.4
For 88 - 63000x1x115.4

Ending Inventory
For 87 - 43000x4x115.4
For 88 - 43000x3 + 63000x1x115.4
Botteling
COGS

52.4

1988 (total barrels 63000)

total cost
cost per barrel cumulative cost

3301

52.4

52.4

3969

63

115.4

297
572
334
166
24
20
14

4.71
9.08
5.3
2.63
0.38
0.32
0.22

120.11
129.19
134.49
137.12
137.5
137.82
138.04

total cost

1987 (total barrels 43000)

cost per barrel
cumulative cost

2253

production cost
Barrel cost
occupancy cost - factory building
occupancy cost - rented building
warehouse labor and sup cost
lobor and supplies, chemical
depreciation - factory equip
depreciation - warehouse equip
Govt supervision cost

52.4

2709

63

115.4

265
272
188
136
24
12
6

6.16
6.33
4.37
3.16
0.56
0.28
0.14

121.56
127.89
132.26
135.42
135.98
136.26
136.4

1987

1988

23292

23292

5823

8638

29115

31930

23292

26087

458
6281

458
6274

87
42000
31605
6281
4114
36
6
1568
1000
1504

88
42000
31605
6274
4121
44
14
1874
1228
961

COGS - labor & Supplies , chemical

Beg inventory
(43000x4x135.42
Production during the year
For 87 - 43000x1x135.42
For 88 - 63000x1x137.12

Ending Inventory
For 87 - 43000x4x135.42
For 88 - 43000x3 + 63000x1x135.87
Botteling
COGS

Income Statement
Year
Sales
Excise
COGS
Gross Margin
Depreciation
Govt. supervision
Selling & advt
Admin & General
Net Profit/Loss

52.4

1988 (total barrels 63000)

total cost
cost per barrel cumulative cost

3301

52.4

52.4

3969

63

115.4

297
572
334
166
24
20
14

4.71
9.08
5.3
2.63
0.38
0.32
0.22

120.11
129.19
134.49
137.12
137.5
137.82
138.04