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COST SHEET FOR THE PERIODParticulars Total

cost(Rs)

Cost per unit

(Rs)

Direct Materials:

Opening stockPurchaseCarriage inwards

Less : Closing stock

Direct materials consumed

Add Direct wages

Direct expenses

Prime cost

Add: Factory Overheads:

Indirect materialsIndirect wages

Rent (factory)Lighting and heating

Power and fuelRepairs and maintenance

CleaningDrawing office expenses

Cost of research and experiments

Depreciation of factory plant

Work stationaryInsurance- fixed asset

Stock and finished goodsWelfare service expenses

Loose tools

Factory manager salary

Factory Cost

Add: Office and Administrative overheads

Rents (office)SalariesLightning and heating

InsuranceCleaning

Telephone and postagePrinting and stationary

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Depreciation on office and furnitureEquipments and buildings

Legal expenses

Audit fees

Bank charges

Cost of production

Add: selling and distribution expenses

Showroom rent

Lightning and heatingSalesmen salary

Commission

Travelling expenses of salesmen

Sales printing and stationary

AdvertisingBad debts*

Director in charge(sales)Postage

Depreciation and expenses of delivery vanDebt collection expenses

Carriage freight outwards

Samples and other free gifts

Cost of sales

Add: (or deduct) Net Profit (or loss)

Sales:

*if treated as financial loss, it will not form a part of cost of sales.

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Operating cost sheet for transport costing:

Particulars Amt Amt

A Operating costs :

Petrol

OilGrease

Wages

Total

B. Maintenance costs:Tyres

Tubes

Spares

Repairs

Servicing

Painting

Total

C Fixed costs:Insurance

Taxes

License fees

Garage rent

Depreciation

Interest

SupervisionTotal

Grand total (A+B+C)

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Cost sheet for power house

Particulars Cost per 1000 kg (Rs) Total cost (Rs)

Fixed overheads:

Rent

Depiciation of plantDepreciation on building

Insurance

Total

B. Maintenance costs:Meters

Furnance

Service materials

Tools and acessaries

Labour charges:Coal handlers

Ash removers

FuelFuel

Power

Water charges

Supervision and other

charges:

Foreman

EngineersGeneral labour

Cleaner

Total

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Cash Budget

Particulars Month Month Month

Opening bal of Cash and Bank

Trading receipts

Cash sales

Collection from debtors

Non trading receipts

Sales of fixed assets

Issue of shares

Issue of debentures

Interest and dividend

Total receipts

Trading payments

Cash purchasePayment to creditors

Labor cost

Factory overheads

Selling and distri overheads

Non trading payments

Interest

Dividend

Taxation

Purchase of asset

Total payments

Receipts- payments

Closing bal