Cost Sheet for the period endUnits Produced = Units Sold =

PARTICULARS TOTAL COST COST/UNITDIRECT COST:Direct Material (Raw Material Consumed) XOpening Stock of Raw Material XAdd: Purchases X

XX

Less: Closing Stock of Raw Material X X XDirect Wages X XDirect Expenses X XPRIME COST X X

INDIRECT COSTWORKS OR FACTORY OVERHEADSIndirect Materials XIndirect Wages XLeave/Overtime Wages XFuel & Motive Power XFactory Rent & Taxes XPlant, Electric Equiptment, etc. XWork Salary XFactory Lighting & Supervision XDepriciation on Plant & Machinery X

XLess: Sale of Scrap X X X

X XAdd: Opening Stck of Work-in-progress X X

X XLess: Closing stock of Work-in-progress X XWORKS COST X X

Add: OFFICE & ADMINISTRATIVE OVERHEADSOffice Salaries XOffice Rent & Rates XEstablishment Charges XDepreciation on Office Furniture & Building XOffice Lighting XLegal Charges XAudit Fees XBank Charges & Commission X X XCOST OF PRODUCTION X X

Add: Opening Stock of Finished Goods XX

Less: Closing Stock of Finished Goods XCOST OF GOODS SOLD X

Add: SELLING & DISTRIBUTION OVERHEADSSalary & Commission of Salesmen XAdvertisiment Charges XDepriciation on Delivery Vans XPacking Charges X X

TOTAL COST OR COST OF SALES X

PROFIT XSALES X

Add: Carriage inward, Freight Inward, Octroi & custom duty