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Cost sheet, Marginal Costing, CVP Analysis, Standard Costing, Variance Analysis. By:- Assistant Professor(Ms.)Ashima Negi Candidate For Doctorate ( Ph.D.) UGC NET-Management. CA(I), MBA Finance, BBA, PGDM-Materials Management, NCFM, TQM & ISo 9000, QS 9000 & Assurance, CCIBL.
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A cost sheet is a report on which is accumulated all of the costs associated with a product or production job. A cost sheet is used to compile the margin earned on a product or job, and can form the basis for the setting of prices on similar products in the future. A document that reflects the cost of the items and services required by a particular project or department for the performance of its business puposes. For example, a departmental cost sheet might include the material costs, labor costs and overhead costs incurred over a given time frame by a department and it therefore provides a record of costs that are chargeable to that department.
Cost sheet o-for the month otJaau ary 2O11 Direct labour Primecost Add Factory lighting and heating tion of dclivery vans Cost or sates