Page 203 - F1 - AB Integrated Workbook STUDENT 2018-19
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Accounting and finance functions within business
3.2 Cost schedules
A cost schedule lists the various expenses involved in manufacturing
units of a product. This is often shown as a list of the costs incurred
when making a unit of each type of product we make. This may be called
a standard cost card.
$
Direct materials (wood and paint) X
Direct labour (time spent cutting and painting) X
Variable overheads (heat and light) X
Fixed overheads (factory rent) X
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Total (absorption) cost X
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