Form 61a508-S1 - Schedule 1 - Cost Of Production Schedule (Page 2 of 2) in pdf

Form 61a508-S1 - Schedule 1 - Cost Of Production Schedule Page 2

GuideliNes fOr COsT Of PrOduCTiON—sCHedule 1

The following guidelines are to be used as an aid in computing the average per gallon costs for producing

distilled spirits. This computation should be made utilizing costs incurred for the entire year. Be sure to

include costs associated with the drier house, since a dried grain credit is given.

Grain

Include all grain costs associated with the production process.

labor

Include all labor costs associated with the production process. All direct, indirect and maintenance labor as

well as the associated fringe benefits and payroll costs should be included.

Overhead

Include depreciation, insurance and all other overhead costs related to the production process.

Other

Include utilities, maintenance, quality control and any other expenses not previously accounted for which

are a cost of production.

dried Grain Credit

For the item being produced, include total credit for dried grain or liquid feed.

Form 61a508-S1 - Schedule 1 - Cost Of Production Schedule Page 2