Cost Sheet

 

 

COST SHEET

 

Direct Material Direct Wages Direct Expenses   PRIME COST	---- ------ ------ -------
(+)Factory Overhead WORKS COST	----- -------
(+)Administrative Overhead COST OF PRODUCTION	----- -------
Selling and Distribution Overheads COST OF SALES
(+) Profit SELLING PRICE

 

FACTORY   OVERHEADS

 

¨  Fuel, Power, water

¨  Heating and lighting

¨  Indirect material

¨  Supervisors wages

¨  Indirect labours

¨  Work  office expenses

¨  Rent, taxes and insurance

¨  Dep on factory land and building

¨  Dep of plant and machinery  

ADMINISTRATIVE OVERHEADS

       ¨  Office Rent, taxes and insurance

¨  Office lighting and cleaning

¨  Office Salary

¨  Office telephone

¨  Printing and stationary

¨  Legal fees

¨  Audit fees

¨  Director fees

¨  General manager salary 

SELLING AND DISTRIBUTION OVERHEADS

¨  Expenses on show room

¨  Salaries and commission of salesman

¨  Warehouse rent and other expenses

¨  Advertising expenses

¨  Delivery expense

¨  Carriage outward

¨  Discount allowed

¨  Bad debts

¨