INTRODUCTION TO COST AND TERM PURPOSE

COGM STATEMENT
Material :
Beginning material
Purchase (NET)
Material available for used
Inderect material
Ending material
Direct material used
Direct labor
FOH
Inderect material used
Inderect labor cost
Utilities (factory)
Rent factory
Property taxb factory
Depreciation plant equipment (factory)
factory insurance
maintanance factory
total FOH
total manufacturing cost
WIP, beginning
WIP, ending
COGM

COGM statement
Direct Labor :
Beginning direct material
Purcase (NET)
Direct material available for used
Ending direct material
Direct material used
Direct Labor
FOH
Plant utilities
Inderect manufacture labor
Inderect material
Depreciation plant equipment
Misc. Manufacturing overhead
Plant supplies used
Property taxes on plant
Total FOH
Total manufacturing cost
WIP, beginning
WIP, ending
 COGM

INCOME STATEMENT
Sales
Sales returend on allowance
Sales discount
Net sales
COGS
COGM
Finished goods, beg
COGAS
Finished goods, end
Total COGS
Gross Profit
Operating expense
Operating income
Other revenue and expense
Interest revenue
Advertising expense
Interest expense
Freight out
Affice saleries
Commision for sales person
Total other revenue and expense
Income before tax
Tax
Net income/Net loss
JOB ORDER COSTING
1. Pembelian bahan baku (tunai / kredit ):
Material
Cash / Account payable

2. Pemakaian bahan baku :

DIRECT :
WIP, job no xxx
Job no xxx
Material
INDIRECT :
Manufacturing OH- Control
Material

3. Pencataan upah tenaga kerja

Payroll
Accured payroll

4. Distribusi upah tenaga kerja :

a. Direct labor (langsung)
WIP, job no xxx
Job no xxx
Payroll / saleries payable / wages payable

b. Inderect labor (tidak langsung)

Manufacturing OH-control
Payroll / saleries payable / wages payable

c. Marketing expense
Payroll / saleries payable / wages payable

d. Administrative expense
Payroll / saleries payable / wages payable

5. Biaya OH_Control Lainnya :

Manufacturing OH-Control
Various of credit (macam-macam akun)

6. Pembebanan FOH applied ke WIP :

WIP, job no xxx
Job no xxx
Manufacturing OH-allocated
7. Transfer barang yang sudah jadi :

Finished Goods

WIP, job no xxx

Job no xxx

8. Penjualan produk (tunai / kredit )

a. Account Receivable / cash
Sales
b. Cost Of Good Sold (COGS)
Finished Goods

9. Material yang directur :

Direct material :
Material
WIP, job no xxx
Job no xxx
Indirect material :
Material
Manufacturing OH- control

10. Tutup selisih :

Overapplied (OH-Allocated > OH- Control) \ Bagus
Manufacturing OH-allocated
COGS
Manufacturing OH-Control

Underapplied (OH-Allocated < OH-Control)\ Tidak bagus

Manufacturing OH-allocated
COGS
Manufacturing OH- Control
PROCESS COSTING