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    Cost Sheet Format

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    Sonali Jagath
    Format of a simple cost sheet is as follows: table 3. Direct material Direct labour Direct expenses Prime cost (+) Factory overheads Factory cost (+) Administration overheads cost of production (+) Selling and distribution overheads cost sales (+) Profit Sales Factory overheads are otherwise known as works overheads. Cost of production is known as the stage of finished goods.

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    Cost Sheet Format

    Uploaded by

    Sonali Jagath
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    Format of a simple cost sheet is as follows: table 3. Direct material Direct labour Direct expenses Prime cost (+) Factory overheads Factory cost (+) Administration overheads cost of production (+) Selling and distribution overheads cost sales (+) Profit Sales Factory overheads are otherwise known as works overheads. Cost of production is known as the stage of finished goods.

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    Format of a simple cost sheet is as follows: table 3. Direct material Direct labour Direct expenses Prime cost (+) Factory overheads Factory cost (+) Administration overheads cost of production (+) Selling and distribution overheads cost sales (+) Profit Sales Factory overheads are otherwise known as works overheads. Cost of production is known as the stage of finished goods.

    Copyright:

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    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    19 views1 page

    Cost Sheet Format

    Uploaded by

    Sonali Jagath
    Format of a simple cost sheet is as follows: table 3. Direct material Direct labour Direct expenses Prime cost (+) Factory overheads Factory cost (+) Administration overheads cost of production (+) Selling and distribution overheads cost sales (+) Profit Sales Factory overheads are otherwise known as works overheads. Cost of production is known as the stage of finished goods.

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    of 1

    3.

    4 FORMAT OF A SIMPLE COST SHEET


    The format of a simple cost sheet is as follows:

    Table 3.1
    Cost sheet Direct material Direct labour Direct expenses Prime cost (+) Factory overheads * Factory cost (+) Administration overheads * Cost of production (+) Selling and distribution overheads Cost of sales (+) Profit Sales
    * Factory overheads are otherwise known as works overheads. * Factory cost is otherwise known as works cost. * Cost of production is known as the stage of finished goods.

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    http://my.safaribooksonline.com/book/accounting/9789332515642/3dot-cost-sheet-statement-ofcost/h50006_chapter003_xhtml

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