Product cost (tannarx)
Answers are for parents and teachers.
1
Costing (imaginary clay mug): material 8 000, waste value 500 (subtracted), purchased part 1 000, energy 2 500, depreciation 1 000, wages 6 000, selling cost 2 000 so‘m. What is the full cost in so‘m?
20000
2
If you sell the mug above at 26 000 so‘m, how many so‘m is the profit per unit?
6000
3
Write three specific measures to cut cost by 10 % (for an imaginary small production).
Example: buying material wholesale at a lower price; reducing and reusing waste; speeding up the work process to save energy.
4
30 units cost 270 000 so‘m and 31 units cost 277 000 so‘m. Find the marginal cost and the average cost (for 30 units); write the larger.
9000
5
Why is it risky to set a price looking only at production cost? Explain in 2–3 sentences.
Because selling costs (packing, transport, advertising) are also spent on the product; if they are ignored, the price may not cover the real cost and a loss may result instead of profit.