Table 8 Estimation of total processing costs
Costs | Dollars ($)/ year |
|---|---|
Raw materials | 783,360 |
Operating labor (OPC) | 13,200 |
Utilities | 13,200 |
Maintenance and repairs | 416 |
Operating supplies | 62.4 |
Laboratory charges | 1320 |
Direct production costs | 811,558.4 |
Depreciation | 1354.08 |
Local taxes | 270.816 |
Insurance | 135.408 |
Fixed charges | 1760.304 |
Plant overhead costs 50%OPC | 6600 |
Manufacturing cost | 819,918.704 |
Administrative costs | 2640 |
Distribution and selling costs | 13,200 |
Research and development costs | 264 |
General expenses | 16,104 |
Total product cost (TPC) | 836,022.704 |
Total Income | 850,917.584 |
Gross earning cost | 14,894.88 |
Net Profit | 834,813.584 |
Annual cash flow | 18,050.35 |
Average annual profit | 16,696.27 |