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Cost Sheet

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mr.ahmed.eid1
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45 views2 pages

Cost Sheet

Uploaded by

mr.ahmed.eid1
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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ABC

Cost Sheet
Description Amount
Opening Stock - Raw Material -
Add: Purchase - Raw Material -
Add: Other Purchase Expenses - Raw Material -
Add: Raw Material Utilised -
Add: Direct Labour/Wages -
Add: Other Direct Expenses -
Less: Closing Stock - Raw Material -
PRIME COST (A) -
Add:- Over Heads Expenses Factory
Rent - Factory -
Electricity Charges -
Indirect Material Expenses -
Other Indirect Wages -
Salaries of Production Heads/Supervisors -
Other Salaries -
Insurance - Factory -
Depreciation - Factory -
WORKS COST INCURRED -
Add: Opening Stock - Work in Progress -
Less: Closing Stock - Work in Progress -
WORKS COST (A+B) -
Add:-Administration Over Heads:
Office Rent -
Asset Depreciation -
General Charges -
Audit Fees -
Bank Charges -
Other Office Expenses -
COST OF PRODUCTION (B+C) -
Add: Opening Stock - Finished Goods -
Less: Closing Stock - Finished Goods -
COST OF GOODS SOLD (C+D) -
Add:- Selling and Distribution Overhead Expenses:-
Commisions -
Salary - Sales -
Travelling Exps -
Advertisement -
Delivery Expenses -
Sales Tax @ 5 % -
Bad Debts -
COST OF SALES (D+E) -
ADD: PROFIT -
SALES -

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