COST SHEET FOR THE PERIOD

Particulars Direct Materials: Opening stock Purchase Carriage inwards Less : Closing stock Direct materials consumed Add Direct wages Direct expenses Prime cost Add: Factory Overheads: Indirect materials Indirect wages Rent (factory) Lighting and heating Power and fuel Repairs and maintenance Cleaning Drawing office expenses Cost of research and experiments Depreciation of factory plant Work stationary Insurance- fixed asset Stock and finished goods Welfare service expenses Loose tools Factory manager salary Factory Cost Add: Office and Administrative overheads Rents (office) Salaries Lightning and heating Insurance Cleaning Telephone and postage Printing and stationary

Total cost(Rs)

Cost per unit (Rs)

Depreciation on office and furniture Equipments and buildings Legal expenses Audit fees Bank charges Cost of production Add: selling and distribution expenses Showroom rent Lightning and heating Salesmen salary Commission Travelling expenses of salesmen Sales printing and stationary Advertising Bad debts* Director in charge(sales) Postage Depreciation and expenses of delivery van Debt 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.

Operating cost sheet for transport costing: Particulars A Operating costs : Petrol Oil Grease Wages Total B. Maintenance costs: Tyres Tubes Spares Repairs Servicing Painting Total C Fixed costs: Insurance Taxes License fees Garage rent Depreciation Interest Supervision Total Grand total (A+B+C) Amt Amt

Cost sheet for power house Particulars Fixed overheads: Rent Depiciation of plant Depreciation on building Insurance Total B. Maintenance costs: Meters Furnance Service materials Tools and acessaries Labour charges: Coal handlers Ash removers Fuel Fuel Power Water charges Supervision and other charges: Foreman Engineers General labour Cleaner Total Cost per 1000 kg (Rs) Total cost (Rs)

Cash Budget Particulars 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 purchase Payment 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 Month Month Month