Materials consumed - 25000 Carriage Inward - 2000

Direct Expenses - 15000 Productive Wages - 20000

Rent of Factory - 8000 Power - 6000
Repair on machinery - 5000 Stationery - 2000
Salary to manager factory- 7000 Salary to manager Admin 4000
Audit Fees - 3500 Printing - 3000
Advertisement - 9000 Salesmen salary- - 11000
Legal charges - 2000 Sales commission - 4100
Bad Debts - 900 Indirect materials - 1800
Carriage outward - 700
The above expenses are incurred by a manufacture he wants to classify those expenses and prepare
a cost sheet assuming the profit margin is 20% on sales.

Particular Amount Amount

Material Consumed 25000
Carriage inward 2000
Direct Expenses 15000
Direct Wages 20000
Prime Cost 62000
Add: Factory OH
Rent of Factory 8000
Power 6000
Repair on machinery 5000
Salary to manager factory 7000
Indirect materials 1800 27800
Factory Cost 89800
Add: Office/Admin OH
Stationery 2000
Salary to manager Admin 4000
Audit Fees 3500
Printing 3000
Legal charges 2000 14500
Cost of Production 104300
Add: Selling and Distribution OH
Advertisement 9000
Salesman Salary 11000
Sales Commission 4100
Bad Debts 900
Carriage outward 700 25700
Cost of Sales 130000
Add: Profit 20% on sales (or) Cost of sale x % .
% - 100 32500
1,30,000 x 20 / 80

Sales 1,62,500
When Sales value not given but want to find profit 20% on sales
A factory produces 1000 units of a commodity. Prepare a cost sheet showing cost per unit.
Raw Material – 15000 Wages - 12000
Direct Expenses- 8000 Work OH 5500
Admin OH 4000 Selling OH 3500
Selling Price 60 Per unit
Cost Sheet of
Particular Per Unit Amount
Raw material 15.00 15000
Wages 12.00 12000
Direct Exp 8.00 8000
Prime Cost 35.00 35000
Add: Factory OH 5.50 5500
Factory/Work Cost 40.50 40500
Add: Admin OH 4.00 4000
Cost of Production 44.50 44500
Selling and Dist OH 3.50 3500
Cost of Sale 48.00 48000
Profit 12.00 12000
Sales 60 per unit x 1000 unit 60.00 60000

Prepare the statement showing cost

Raw Material 45000
Wages 15000
Work OH @40% on wages
Office OH @ 15% On work Cost
Selling OH @ 5% on work cost
Profit 25% on cost
(Ans – Sales 99,000)

Prepare cost sheet from the following information

Labour paid 9000
Material Used 6000
Work on cost 50% on labour
Office on cost 20% on work cost
Selling on cost 10% on work cost
Profit – 20% on cost
(Ans – Sales 30420)
Pooja sri

Dharshan

Aweas

Arjun

Joshua

Manivann

sarathkumar