Query on Cost Sheet

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gpta_varun

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<h2>Cost Sheet Qurey</h2>
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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
 
Last edited by a moderator:
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.
 
1. Is there any specific format of Cost sheet for service

2. Whether Interest on working capital will come in cost sheet, if s then, which section?


thx
ABA
 
alk494 said:
Why bad debts come under selling and distribution any specific reason ?
Click to expand...


Cost of production + Selling and distribution overhead = Total cost or cost of sales

Bad debts can only occur with vendors and distributors and that is why it will come under it. :SugarwareZ-167:
 
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