-Statement of Cost / Cost-Sheet
Ex 1: The following information are obtained from the books of Shri Ganesh Co. Ltd for the
315 Dec. 2000.
ended
1
Stock (1 Jan 2000)
Material
30,000
Work - in - Progress
2,500
Finished goods
2,650
Stock (31 Dec. 2000)
Material
10,000
Work - in - Progress
1,650
Finished goods
2.500
3
Purchase of raw material
90,000
carriage inward
3,000
5
Carriage out word
2,000
direct wages
60,000
Indirect Wages
1,500
8
Factory on Cost
5,000
6,00
9
Repair of Machinery
Sales of Wastage
200
11
Office on cost
6,000
350
12 Office lighting and heating
13 Selling and distribution expenses
650
Packing expenses
2,10,000
15
Sales
Prepare a cost sheet and show:- 1) Material Consumed ,2) Prime cost, 3) Factory Cost, 4) Cost of
Production, 5) Cost of Goods Sold, 6) Gross Profit, 7) Net Profit.
the par ended 315 Dec. 2003
3,000
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sorry i have no idea about this question
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