Acconting Graded Unit 1
Lidia Kujawska
HND Accounting
Year 2
Graded Unit 2
Development Stage
Moorland Brewery plans to expand its production to new lager called Puma. They found buyer for it and right now they need to develop stage of producing new beer. The first calculation must start from cost statement for the new product. Primarily there is need to find out how much ingredients brewery will need to produce 2 litre of lager, this amount give company a clue how much they will pay for one mashing of beer.
Direct Material ( 2 litre bottle ) | | | £ | | | | | | | | Malted Barley ( £600/1000000g x140 g) | | | 0.084 | Yeast (£400/1000000*10 g) | | | | | 0.004 | Hops (£2/1000g *2 g) | | | | | 0.004 | | | | | | | 0.092 |
Next steps need to concentrate of calculation per mashing. Costs per one mashing of lager | | | | | | | | | | | Direct materials ( 4500hrs/ 2ltr) | | | £ | | | | | | | | Malted Barley (0.084 x 2,250 ) | | | | 189 | Yeast ( 0.004 x 2,250 hrs ) | | | | 9 | Hops ( 0.004 x 2,250 hrs ) | | | | 9 | TOTAL | | | | | | 207 | | | | | | | | | | | | | | | Direct Labour | | | | | | | | | | | | | Mashing ( 84 hrs x £8 per hour ) | | | 672 | Bottling/labelling/packaging ( 6hrs x £8 per hour) | | 48 | TOTAL | | | | | | 720 | | | | | | | | | | | | | | | | | | | | | | | | | | | | £ | | | | Cost of producing lager per one mashing | | | | | | | | | | | | | | | | | | | £ | TOTAL PRODUCTION COSTS ( 39,000/ 88 mashing ) | | | 443 | TOTAL FIXED ADMINISTRATION /SELLING &DISTRIBUTION | ( 86,500/88 mashing ) | 983 | MAINTAINANCE COSTS OF NEW PLANT 2% | ( 8,803/44 mashing) | 200 | DEPREPRATION OF NEW PLANT ( 20 years - 5% ) | ( 22,007/44 mashing ) | 500 | | | | | | | | | | | | | | | | | | | DIRECT MATERIALS | | | | ( £207 per mashing x 88 ) | 18216
HND Accounting
Year 2
Graded Unit 2
Development Stage
Moorland Brewery plans to expand its production to new lager called Puma. They found buyer for it and right now they need to develop stage of producing new beer. The first calculation must start from cost statement for the new product. Primarily there is need to find out how much ingredients brewery will need to produce 2 litre of lager, this amount give company a clue how much they will pay for one mashing of beer.
Direct Material ( 2 litre bottle ) | | | £ | | | | | | | | Malted Barley ( £600/1000000g x140 g) | | | 0.084 | Yeast (£400/1000000*10 g) | | | | | 0.004 | Hops (£2/1000g *2 g) | | | | | 0.004 | | | | | | | 0.092 |
Next steps need to concentrate of calculation per mashing. Costs per one mashing of lager | | | | | | | | | | | Direct materials ( 4500hrs/ 2ltr) | | | £ | | | | | | | | Malted Barley (0.084 x 2,250 ) | | | | 189 | Yeast ( 0.004 x 2,250 hrs ) | | | | 9 | Hops ( 0.004 x 2,250 hrs ) | | | | 9 | TOTAL | | | | | | 207 | | | | | | | | | | | | | | | Direct Labour | | | | | | | | | | | | | Mashing ( 84 hrs x £8 per hour ) | | | 672 | Bottling/labelling/packaging ( 6hrs x £8 per hour) | | 48 | TOTAL | | | | | | 720 | | | | | | | | | | | | | | | | | | | | | | | | | | | | £ | | | | Cost of producing lager per one mashing | | | | | | | | | | | | | | | | | | | £ | TOTAL PRODUCTION COSTS ( 39,000/ 88 mashing ) | | | 443 | TOTAL FIXED ADMINISTRATION /SELLING &DISTRIBUTION | ( 86,500/88 mashing ) | 983 | MAINTAINANCE COSTS OF NEW PLANT 2% | ( 8,803/44 mashing) | 200 | DEPREPRATION OF NEW PLANT ( 20 years - 5% ) | ( 22,007/44 mashing ) | 500 | | | | | | | | | | | | | | | | | | | DIRECT MATERIALS | | | | ( £207 per mashing x 88 ) | 18216