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gpta_varun
December 19th, 2007, 09:02 AM
HI All ,

I was trying to make the cost sheet of a company as a part of my project from the annual report of a company . .....(don't know how feasible ,,that would be ...)

I have certain doubts ....if anyone could help me out ....

Query 1 :
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Certain items in the P/L acc like
1) Bad Debts
2) Items written off
3) Loss on Sale of Fixed Assets
4) Interest Charges and other financial charges on term loans

are shown as expense in the P/L account ....n I assume that all these are borne from the cost of product . SO where do I show them in my costsheet ???


Query 2 :
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How do I identify the semi variable costs for my marginal cost statement ....



-varun




khushalpoddar
January 31st, 2008, 01:17 PM
1)BAD DEBTS COME UNDER SELLING AND DISTRIBUTION.
2)Interest Charges and other financial charges on term loans ARE NOT COME UNDER COST SHEET BECAUSE THEY ARE FINANCIAL IN NATURE.

gpta_varun
January 31st, 2008, 04:05 PM
Thnx Sir ...............

anisha ahinde
March 24th, 2008, 04:27 PM
had the same queries...thanx for ur help...

kartik
August 16th, 2008, 01:48 AM
DOWNLOAD COST SHEET (http://www.managementparadise.com/forums/accounts/1164-cost-sheet-format.html) FORMAT FROM THE MENTIONED LINK

You may also want to download COST SHEET PPT (http://www.managementparadise.com/forums/accountancy/25327-costing-ppt-presentation.html)