Scribd
Upload
129K views1 page

Cost Sheet Format

This document is a cost sheet that tracks the costs of production for a period. It outlines direct costs like materials, wages, and expenses. It then calculates the prime cost. It also tracks factory overhead costs like indirect materials, wages, utilities, and depreciation. The works cost is calculated by adding factory overhead to prime cost. The document also tracks office and administrative overhead costs. Finally, it calculates the total cost of goods sold, profit, and total sales.

Uploaded by

venkataswamynath channa
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
129K views1 page

Cost Sheet Format

This document is a cost sheet that tracks the costs of production for a period. It outlines direct costs like materials, wages, and expenses. It then calculates the prime cost. It also tracks factory overhead costs like indirect materials, wages, utilities, and depreciation. The works cost is calculated by adding factory overhead to prime cost. The document also tracks office and administrative overhead costs. Finally, it calculates the total cost of goods sold, profit, and total sales.

Uploaded by

venkataswamynath channa
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
You are on page 1/ 1

Cost Sheet for the period end

Units Produced = Units Sold =

PARTICULARS TOTAL COST COST/UNIT


DIRECT COST:
Direct Material (Raw Material Consumed) X
Opening Stock of Raw Material X
Add: Purchases X
Add: Carriage inward, Freight Inward, Octroi & custom
duty X
X
Less: Closing Stock of Raw Material X X X
Direct Wages X X
Direct Expenses X X
PRIME COST X X

INDIRECT COST
WORKS OR FACTORY OVERHEADS
Indirect Materials X
Indirect Wages X
Leave/Overtime Wages X
Fuel & Motive Power X
Factory Rent & Taxes X
Plant, Electric Equiptment, etc. X
Work Salary X
Factory Lighting & Supervision X
Depriciation on Plant & Machinery X
X
Less: Sale of Scrap X X X
X X
Add: Opening Stck of Work-in-progress X X
X X
Less: Closing stock of Work-in-progress X X
WORKS COST X X

Add: OFFICE & ADMINISTRATIVE OVERHEADS


Office Salaries X
Office Rent & Rates X
Establishment Charges X
Depreciation on Office Furniture & Building X
Office Lighting X
Legal Charges X
Audit Fees X
Bank Charges & Commission X X X
COST OF PRODUCTION X X

Add: Opening Stock of Finished Goods X


X
Less: Closing Stock of Finished Goods X
COST OF GOODS SOLD X

Add: SELLING & DISTRIBUTION OVERHEADS


Salary & Commission of Salesmen X
Advertisiment Charges X
Depriciation on Delivery Vans X
Packing Charges X X

TOTAL COST OR COST OF SALES X

PROFIT X
SALES X

You might also like