The document is a cost sheet template that tracks various expenses for a company. It shows that the company spent Rs. 108,000 on raw materials after accounting for opening stock, purchases, and closing stock. This amount of Rs. 108,000 is listed as the prime cost and works cost incurred. It does not show any other expenses included in the cost of production, cost of goods sold, or cost of sales, which all remain Rs. 108,000.
The document is a cost sheet template that tracks various expenses for a company. It shows that the company spent Rs. 108,000 on raw materials after accounting for opening stock, purchases, and closing stock. This amount of Rs. 108,000 is listed as the prime cost and works cost incurred. It does not show any other expenses included in the cost of production, cost of goods sold, or cost of sales, which all remain Rs. 108,000.
The document is a cost sheet template that tracks various expenses for a company. It shows that the company spent Rs. 108,000 on raw materials after accounting for opening stock, purchases, and closing stock. This amount of Rs. 108,000 is listed as the prime cost and works cost incurred. It does not show any other expenses included in the cost of production, cost of goods sold, or cost of sales, which all remain Rs. 108,000.
Description Amount Opening Stock - Raw Material 18,000.00 Add: Purchase - Raw Material 90,000.00 Add: Carriage Inwards - Add: Other Purchase Expenses - Raw Material - Add: Raw Material Utilised - Less: Closing Stock - Raw Material - RAW MATERIALS CONSUMED 108,000.00 Add: Direct Labour/Wages - Add: Other Direct Expenses - PRIME COST 108,000.00 Add:- Over Heads Expenses Factory Rent - Factory - Electricity Charges - Indirect Material Expenses - Other Indirect Wages - Salaries of Production Heads/Supervisors - Other Salaries - Insurance - Factory - Depreciation - Factory - WORKS COST INCURRED 108,000.00 Add: Opening Stock - Work in Progress - Less: Closing Stock - Work in Progress - WORKS COST (A+B) 108,000.00 Add:-Administration Over Heads: Office Rent - Asset Depreciation - General Charges - Audit Fees - Bank Charges - Other Office Expenses - COST OF PRODUCTION (B+C) 108,000.00 Add: Opening Stock - Finished Goods - Less: Closing Stock - Finished Goods - COST OF GOODS SOLD (C+D) 108,000.00 Add:- Selling and Distribution Overhead Expenses:- Commisions - Salary - Sales - Travelling Exps - Advertisement - Delivery Expenses - Sales Tax @ 5 % - Bad Debts - COST OF SALES (D+E) 108,000.00 ADD: PROFIT - SALES 108,000.00