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Statement of Cost / Profit

The document outlines the costs and working capital requirements for a manufacturing business. It lists the various costs of production including materials, labor, overhead, and depreciation. It also calculates working capital needs for raw materials, work in progress, finished goods, debtors, and current liabilities like creditors. The document then determines the cost of goods sold, cost of sales, and calculates sales based on cost of sales and desired profit. It finally calculates the total working capital requirement.

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dattatrayin2002
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58 views1 page

Statement of Cost / Profit

The document outlines the costs and working capital requirements for a manufacturing business. It lists the various costs of production including materials, labor, overhead, and depreciation. It also calculates working capital needs for raw materials, work in progress, finished goods, debtors, and current liabilities like creditors. The document then determines the cost of goods sold, cost of sales, and calculates sales based on cost of sales and desired profit. It finally calculates the total working capital requirement.

Uploaded by

dattatrayin2002
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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Statement of Cost / Profit

Total Cost / Cost of Production / Works Cost


Material consumed Op. Stock add. Purchases less cl. Stock XXXX XXXX XXXX

Statement of Working Capital Requirements Current Assets


Raw Material (Total Annual Cost X Storage Period) Total Period XXXX

XXXX XXXX XXXX

Add Direct Labour / Wages / Expenses Add Manufacturing Exp. (Including Depreciation) Add Factory Overheads/Expenses Add op Stock of WIP Less Cl. Stock of WIP

WIP Raw Material (Total Annual Cost X Process Period) Total Period Labour /Overheads (Total Annual Cost X Process Periodx.5) Total Period Finished Goods XXXX Debtors (Total Credit Sales X Collection Period) Total Period (Total Annual Cost X Storage Period) Total Period

XXXX

XXXX XXXX XXXX

XXXX

XXXX XXXX XXXX XXXX

Cost of Goods Sold


Cost of Production Add: Office & Administration Exp. (Including Dep.) Add: Opening Stock of Finished goods Less: Closing Stock of Finished Goods XXXX XXXX XXXX XXXX XXXX

Cash/ Bank Requirements Total Current Assets

Current Liabilities
Creditors (Total Credit Purchases X Payment Period) Total Period (Total Annual Exp. X Payment Period) Total Period Total Current Liabilities XXXX XXXX XXXX XXXX XXXX XXXX Other Exp. (in Lag)

Cost of Sales
Cost of Goods Sold Add Selling & Distribution Exp. XXXX XXXX XXXX

Sales = Cost of Sales + Profit Sales = Cost of Production + Gross Profit

Working Capital
Add:

(C A - C L)

Provision For Contigencies

Total Working Capital Requirement

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