Exhibit III

STAR ENGINEERING COMPANY

Actual Overhead Distribution Sheet For April
Department
Overhead Cost

Production Department

Total
Amt.

Services Dept

A. Allocation of
Overheads
to all depts

Machi Fabricat Assem Pant

ne -ing
-bling -ing

Store
s

Maint
e
-ance

A1 Indirect
Labour &
supervision

33000

22000

11000

7000

44000

32700

149700

A2 Indirect
Matertial &
Suppliers

2200

1100

3300

3400

2800

12800

A3 Factory Rent 45500

38500

30800

22400

15400

7700

7700

168000

A4 Depreciation Of Plant
& Mach

11000

5500

2200

1100

1650

550

44000

22000

Work

Department
Overhead
Cost

Production
Department

A. Allocation of
Overheads to
all depts

Manuf

A5 Building
Rates N Tax
A6 Welfare
Exps Weighted
A7 Power

Services
Dept

Fabri

Asse

Paint

Store

Total
Amt.

Maint

650

550

440

320

220

110

9460

4840

2420

1240

880

654

40000 20000

2000

4000

366

A8 Works
Office Salaries
& Exps
A9 Misc Stores
Exps

A Total A1 To
A9

Works
110

19494
2220

68586

130260

130260

1190

153656 98314 55622 40614 61995 45389

2400

1190

140840

596430

Department
Overhead
Cost

Production Department

B Reallocation
Of Service Dept.
Costs to
Production Dept. Mach

Fabric

Asem

Total
Amt.

Services Dept

Paint

Stores

B1 Dist of
Work Dept

67200

24640

33600 15400

B2 Dist Of
Maint. Dept

22990

11495

5747.5

2299

B3 Dist Of
Stores

42044 14556.

22.227

7297.

B1 Dist of
Work Dept cost

274.23 100.55

137.11

62.84

B2 Dist Of
Maint Dept

871.55 435.77

217.88

87.15 43.577

B3 Dist Of
Stores

28.345 9.8134

0.0149

4.919

1149.5

Maint

Work

1724.2 574.7
18.859

2nd Iteration

65.36 21.78
0.0127

Department
Overhead Cost Production Department

3rd Iteration

Mach

Fabric

Asem

Services
Dept
Pant

Stores

Maint Works

B1 Dist of Work
office cost

10.283

3.7707

5.141

2.356

B2 Dist Of
Maint. Dept

32.325

16.162

8.081

3.232 1.6162 2.424

B3 Dist Of
Stores

1.0586

0.3665

0.000

0.183

Total after
reallocation

23895.
63

B1 Dist of Work
office cost

67484

24744 33742 15465

B2 Dist Of
Maint. Dept

23895

11947

5973

2389

B3 Dist Of
Stores

42075

14567

22.24

7302

133456

51259 39738 25156

Total
Amt.

0.000

0.808

Department
Overhead Cost Production Department
Asem

Services
Dept

Mach

Fabric

Pant

C Total to
Producing
Dept(A+B)

286266

149249 95198 65717

D Labour Hrs
Actualls

120300

44000 60000 27500

E Overhead
Rate per Hr

2.3793

3.3917

1.586

2.389

118.98

135.67

31.73

47.79

Stores

Total
Amt.

Maint Works

596430