The below mentioned article provides a specimen of cost sheet. Cost sheet identifies flow of input throughout the conversion process till its sale or consumption.
For ascertainment of cost of production and profit, cost sheets are prepared on periodical basis. The proforma cost sheet is given below: The cost sheet not only shows the total cost but also the cost per unit for a particular period and it helps the management in cost comparison, analysis and control. The accumulation of […]
After reading this article you will learn about:- 1. Meaning of Cost Sheet 2. Advantages of Cost Sheet 3. Items Required for Preparation. Meaning of Cost Sheet: Cost sheet is a document which provides for the assembly of the estimated detailed cost in respect of a cost centre or a cost unit. It is a […]