Business Name:………………………

Cost of production Report

For the Month of …………………………….
[( Units Completed & Transferred Out ,Units in hand, Normal & Abnormal Loss in 1st Department) FOUR IN ONE ]
Quantity Schedule

Units started / put into process by 1st /"A" department

Units Completed and transferred out

Units Completed but not transferred out

Material Labour Factory
% % Overhead %
Work in process

Units lost ( Abnormal Loss )

Units Lost (Normal Loss: During the Process )

Total Units

Cost Charged to department Total Cost Per Unit Cost

Cost added by department

Direct Material

Direct Labour

Factory overhead

Total Cost to be accounted for

Cost Accounted for as follow:

Cost of units completed and transferred out ( )

Cost of units completed but not transferred out or in hand ( )

Cost of units ( Abnormal Loss ) [ from given woking at end of solution ]

Work in Process ( Cost Added by ______________________Department

Direct Material ( )

Direct Labour ( )

Factory overhead ( )

Total Cost accounted for

Computations Explained:

Equivalent Production

Direct Material

Direct Labour

Factory overhead

Abnormal Loss Calculation

Added by department

Direct Material

Direct Labour

Factory overhead

Total