UNIT COSTING

PRESENTED BY:

• SUGAM MAGAR
• DINESH BASNET
• SAROJ SHRESTHA
• NYIMA LAMA
• SUMAN KARKI
 CONTENTS

• Concept of cost sheet

• Objectives of cost sheet
• Format of cost sheet
• Summary
 CONCEPT OF COST SHEET
• A cost sheet is a statement that shows the various components of total cost for a product and shows
previous data for comparisons. 

• In simple words, it is a document prepared for determining, analyzing and reducing cost and finally
determining selling price of certain amount of produced goods.
 OBJECTIVES OF COST SHEET

• Determining cost of produced goods.

• Analyzing and controlling cost of goods.
• Helps in comparison of total cost.
• Helpful for making future plans and policies.
• Helps to keep record of individual overhead.
Working Notes
1. Cost per unit = Cost of Production
Production Units
2. Units sold = Opening stock units of finished goods + Production units – Closing
stock of finished goods
3. Amount of profit on sales = Total Cost × Profit%
100-Profit%
4. Amount of profit on cost = Total Cost × Profit%
100
 Conclusion
• A cost sheet primarily helps you get an accurate account of all costs
associated
with manufacturing a product or providing a service .
• It help you not only determine the total overall cost but also the cost per
unit of
of a product.