Page 42 - Cost Accounting - Ready Reckoner

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2. Comprehensive Cost Sheet:

A Comprehensive cost sheet presents a more detailed analysis of costs with
information about stock of Raw Material, stock of WIP & Stock of FG.

Particulars Amount (₹) Amount (₹)
Raw Materials Consumed:
O/s of R.M xxx
Add: Purchases xxx
Add: Freight/ Carriage inward xxx
Less: C/s of RM xxx xxx
Direct Wages xxx
Direct Expenses xxx
Prime Cost xxxx
Add: Factory Overheads xxx
Gross Works Cost xxx
Add: O/s of WIP xxx
Less: C/s of WIP xxx
Net Works Cost xxxx
Add: Administration Overheads xxx
Cost of Production xxxx
Add: O/s of FG xxx
Less: C/s of FG xxx
Cost of Goods Sold xxxx
Add: Selling & Distribution Overheads xxx
Cost of Sales xxxx
Add: Profit xxx
Sales xxxx