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Cost Sheet Format

This document is a cost sheet that tracks various costs for a manufacturing company over a period of time. It lists direct costs like raw materials, wages, and expenses. It then lists indirect factory overhead costs and office administration overhead costs. It calculates the cost of goods produced and sold, as well as total costs, profit or loss, and sales. The cost sheet is used to determine the cost per unit of goods manufactured and sold.
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0% found this document useful (0 votes)
335 views2 pages

Cost Sheet Format

This document is a cost sheet that tracks various costs for a manufacturing company over a period of time. It lists direct costs like raw materials, wages, and expenses. It then lists indirect factory overhead costs and office administration overhead costs. It calculates the cost of goods produced and sold, as well as total costs, profit or loss, and sales. The cost sheet is used to determine the cost per unit of goods manufactured and sold.
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 PDF, TXT or read online on Scribd
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OMTEX CLASSES M/S _______________________________ Cost sheet for the period_________________________ Quantity manufactured:- ___________________ Quantity Sold:___________________ Working

Total Cost Cost


per unit

Direct cost:Raw material consumed:Opening stock of Raw material Add. Purchase of raw material Add. Carriage inward Less. Closing stock of raw material Direct wages Direct expenses Prime cost

Indirect cost
Factory Over Heads e.g. Power and fuel Factory rent etc. less sale of scrap Gross factory cost Add. Opening stock of work in progress Less. Closing stock of work in progress Net work cost/ Net factory cost/ Factory cost/ Works cost. Office and Administration Over Heads e.g. Office salaries Printing and stationery etc.

Cost of production of goods produced Add. Opening stock of finished goods Less. Closing stock of finished goods Cost of production of goods sold Selling and Distribution Over Heads. e.g. Advertisement expenses Door Delivery

Cost of Sales/ Total Cost Profit / Loss

Sales

OMTEX CLASSES M/S _______________________________ Cost sheet for the period_________________________ Quantity manufactured:- ___________________ Quantity Sold:___________________ Working Total Cost Cost
per unit

Direct cost:Raw material consumed:Opening stock of Raw material Add. Purchase of raw material Add. Carriage inward Less. Closing stock of raw material Direct wages Direct expenses Prime cost

Indirect cost
Factory Over Heads e.g. Power and fuel Factory rent etc. less sale of scrap Gross factory cost Add. Opening stock of work in progress Less. Closing stock of work in progress Net work cost/ Net factory cost/ Factory cost/ Works cost. Office and Administration Over Heads e.g. Office salaries Printing and stationery etc. Cost of production of goods produced Add. Opening stock of finished goods Less. Closing stock of finished goods Cost of production of goods sold Selling and Distribution Over Heads. e.g. Advertisement expenses Door Delivery Cost of Sales/ Total Cost Profit / Loss

Sales

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