format of cost sheet
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| Formate | |||||||
| Particulars | Amount | Coverage | Explainations | ||||
| Opening stock of Material | xxxxx | 
|
* | Factory Rent | |||
| Add | Purchases of Material | xxxxx | Factory Power | ||||
| Less | Closing stock of Material | (xxxxx) | Indirect Material | ||||
| Cost of Material Cosumed | xxxxx | Indirect Wages | |||||
| Add | Direct Wages (Labour) | xxxxx | Supervisor Salary | ||||
| Add | Direct Charges | xxxxx | Drawing Officer Salary | ||||
| Prime cost (Variable cost) | xxxxx | Factory Insurance | |||||
| Add | Factory Over Heads* | xxxxx | Factory Asset Depreciation | ||||
| Add | Opening Stock of WIP | xxxxx | ** | Office Rent | |||
| Less | Closing Stock of WIP | (xxxxx) | COSTING | Asset Depreciation | |||
| General Charges | |||||||
| Factory Cost | xxxxx | Audit Fees | |||||
| Add | Administration Over Heads ** | xxxxx | Bank Charges | ||||
| Cost of production | xxxxx | Other Office Expenses | |||||
| Add | Opening Stock of Finished Goods | xxxxx | *** | Sales man Commision | |||
| Less | Closing Stock of Finished Goods | (xxxxx) | Sales man Salary | ||||
| Cost of Goods Sold | xxxxx | Advertisement | |||||
| Add | Selling and Distribution Over Head*** | xxxxx | Delivery man Exps/Distribution Expenses | ||||
| Cost of sale | xxxxx | Sales Tax | |||||
| Add | Profit | xxxxx | Bad Debts | ||||
| Sales | xxxxx | other | |||||
| Less | Variable cost | xxxxx | 
|
||||
| Contribution | xxxxx | ||||||
| Less | Fixed cost -all operational | xxxxx | |||||
| EBIT-OPERATIONAL PROFIT | xxxxx | ||||||
| Less | Interest -Finance cost | xxxxx | FINANCE | ||||
| EBT | xxxxx | ||||||
| Less | Tax | xxxxx | |||||
| EAT | xxxxx | ||||||
| Less | dividend | xxxxx | |||||
| xxxxx | For calculating EPS | ||||||
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