Name of the Institut---------

Cost Sheet / Cost Statement

For the period year/month ended 31st dec. 2020
Particulars Tk. Tk.
Opening Raw materials xx
Purchase of Raw materials xx
xxx
Less : Purchase return and purchase discount (xx)
xxx
Less : Closing Raw materials (xx)
(1) Raw materials used - xxxx
Add : Direct wages xx
Direct expenses xx
(2) Prime cost - xxxx
Add : Factory overhead :
Factory rent and tex xx
Indirect raw materials xx
Indirect wages xx
Indirect expenses xx
Factory manager's salary xx
Drawing office salary xx
Factory engineer's salary xx
Factory insurance, electricity, water, gas and fuel xx
Factory repairs and maintenance xx
Depreciation on factory building xx
Depreciation on plant xx
Use of spair parts and tools xx
Factory supervision expenses xx
Stationery used in factory xx
Quality control expenses xx
Overtime wages xx
Idle time wages xx
(3) Works cost / Factory cost - xxxx
Add : Opening work-in process (WIP) xx
xxxx
Less : Closing work-in process (WIP) (xx)
xxxx
Less : Sale of scrap (xx)
(4) Cost of production - xxxx
Add : Opening finished goods xx
xxxx
Less : Closing finished goods xx
(5) Cost of goods sold - xxxx
Add : Commercial expenses :
Office xx
Administrative xx
Selling xx
Distribution xx
- xxxx
(6) Total cost / Selling cost xxxx
Add: Profit / Loss xxxx
Sales xxxxx
 Store Ledger Account
(Under LIFO Method)
Receipts Issues Balance
Date Particulars Amount Amount Amount
Quantity Rate (Tk.) Quantity Rate (Tk.) Quantity Rate (Tk.)
(Tk.) (Tk.) (Tk.)
Jan-01 Opening 200 12.5 2500
Jan-04 Issues 50 12.5 625 150 12.5 1875
Jan-06 Receipts 250 12 3000 150 12.5 1875
250 12 3000
Jan-07 Issues 110 12 1320 150 12.5 1875
140 12 1680
Jan-11 Issues 75 12 900 150 12.5 1875
65 12 780
Jan-12 Receipts 300 13 3900 150 12.5 1875
65 12 780
300 13 3900
Jan-17 Issues 150 13 1950 150 12.5 1875
65 12 780
150 13 1950
Jan-18 Receipts 180 12.5 2250 150 12.5 1875
65 12 780
150 13 1950
180 12.5 2250
Jan-22 Issues 170 12.5 2125 150 12.5 1875
65 12 780
150 13 1950
10 12.5 125
Jan-24 Receipts 100 13.5 1350 150 12.5 1875
65 12 780
150 13 1950
10 12.5 125
100 13.5 1350
Jan-25 Issues 100 13.5 1350 150 12.5 1875
10 12.5 125 65 12 780
40 13 520 110 13 1430
Jan-29 Issues 110 13 1430 150 12.5 1875
10 12 120 55 12 660
205 2535