COST OF PRODUCTION PER ANNUM
1. Total recurring expenditure per annum
(a) Raw materials----60000.00
(b) Wages and salaries-------------288000.00
(c). Utilities and contingencies-----84000.00
2. Depreciation on building if any @ 5%:5000.00
3. Depreciation on machinery and equipment 10% : 15750.00
4. Depreciation of office equipment 20% : 0.00
5. Interest on bank loan @ 14%..... : 34729.00
Total:487479.00
