1. Rayat Shikshan Sanstha’s S. M
Rayat Shikshan Sanstha’s S.M.JOSHI COLLEGE, HADAPSAR, PUNE Department of Commerce Prof. Gulave R.G.

2. Cost Sheet with Stock Adjustments
Units Produced :
Units Sold :
Particulars
Total Cost
(Rs.)
Cost Per Unit (Rs.)
Opening Stock of Raw Materials XXXXX
Add : Purchases of Raw Materials XXXXX
-Materials used in primary packing XXXXX
-Carriage/Carriage Inward, Freight, XXXXX
-Octroi, Customs Duty, Excise, XXXXX
-Loading and Unloading Expenses on Purchases XXXXX
XXXXX
Less : Closing Stock of Raw Materials XXXXX
Purchase Returns of Raw Materials(R.O.) XXXXX
Sale of scrap of Raw Materials XXXXX
Defective Raw Materials Returned XXXXX
Value of by-Products XXXX
Cost of Material Consumed XXXXX
XXXXX

3. Cost of Material Consumed XXXXX
Add : Direct Wages/Labour/ Productive wages XXXXX
Operating Wages/Productive wages Payable XXXXX
Add : Direct Expenses, Direct Charges, XXXXX
Royalty, Chargeable expenses , XXXXX
Cost of Layout, Surveyor’s fees, XXXXX
Hire of special machinery, Architect’s fees XXXXX
Cost of special drawings/designs/Patterns, XXXXX
PRIME COST XXXXX
XXXXX
Add : Factory Overheads / On cost Expenses/
Works Overheads
Indirect Materials, Indirect Wages, XXXXX
Indirect Expenses, Power,Coal,Gas etc XXXXX
Factory heating and lighting, Fuel XXXXX
Factory Rent, Rates and Taxes XXXXX
Factory Insurance, XXXXX
Repairs & Maintenance of Plant/Machinery XXXXX
Depreciation on Factory Building ,Plant & XXXXX
FACTORY/WORKS COST XXXXX
XXXXX

4. FACTORY/WORKS COST XXXXX
Add : Office & Administrative Overheads/Expenses
Royalty, Chargeable expenses , XXXXX
Royalty, Chargeable expenses , XXXXX
Royalty, Chargeable expenses , XXXXX
Royalty, Chargeable expenses , XXXXX
Royalty, Chargeable expenses , XXXXX
Royalty, Chargeable expenses , XXXXX
Cost of Production XXXXX
Add : Opening Stock of Work in Progress XXXXX
XXXXX
Add : Closing Stock of Work in Progress XXXXX
FACTORY/WORKS COST XXXXX

5. Thank You