CIF CONTROL SEATS
Andean Coffee, whose plant is located in the city of Abrego, Norte de Santander, applies its costs with the following rates:
Coffee bean distribution plant
Direct labor hours
Department Application Rate Department Actual Hours
Drying $ 12,245.00 Drying 12,008
Toasted $23,858.00 Toasted 17,380
Packaged $3,357.50 Packaged 3,476
Total real CIF $ 573,547,900.00
Cost management can calculate and account for:
CIF applied
real CIF
CIF closure (take into account under- and over-applications)