NAME OF THE COMPANY

A COST STATEMENT (MANUFACTURING CONCERN)

For the year ended
PARTICULARS
AMOUNT
Operating stock / Inventory of raw materials ----

AMOUNT
********

Add.Net Purchases of Raw Materials:

Total purchases of Raw Materials-------

*******

Ded. Purchase return

(*******)

Ded. Purchase discount / discount received----

(*******)

Net
Purchases------------

*******
*******

Add. Expenses Relating to purchase

********

Net Cost of

*********

Purchases-----------------

(********)

Raw Materials Available for Use-----Ded. Value of closing stock of Raw Materials---------

********

Cost of Raw Materials / Direct Material Consumed/

Direct Material Used ----------------------------------------Add. Direct Labor cost / Wages-----------------------------------

*******

********

*******

*********

Add. Direct Expenses-----------------------------------------------Variable / Direct / Prime / Marginal Cost

-----Add. Secondary cost / Indirect cost / Factory

******

overhead/Manufacture over head:

******

Add. Indirect Materials

******

add. Indirect labor cost

******

add. Indirect Expenses:

******

Factory/ Production Managers Salary

******

Factory/ Production Executive Salary

******

Factory/ Production Insurance Premium

******

Repair & Maintains Factory building

******

Depreciation on factory assets

******

Factory rent

*****

Factory Tax

******

Factory Insurance Premium

******

Factory Electricity

******

Factory Water

******

Factory Fuel

******

Factory Gas

******

Mechanical Instructions fees

******

Repair & Depreciation of Machinery

******

Stationery used in Factory

******

Drawing Office Salary

******

Factory Workers welfare expenses

******

Product control expenses

******

Lighting & Heating(Factory)

******

Drawing office Expenses

******

Works Stationary

******

Workers Managers Salary

******

Insurance, Fixed assets

******

*********

Insurance Stock & Finish goods

******

********

Loose Tolls Very Small

(*****)
Total Secondary Cost/ Over head cost ----------------------------

*******

Total Manufacturing Cost/Work Cost

*******

-----

*******
(*******)

Ded. Sell of Scrap / old equipments----------------------

*******
*******

Add. Opening Stock of work in progress------------------

*******

Total Work in

(*******)

Progress--------

*******

Ded. Closing Stock of Work in Process--------------------Cost of goods

Manufactured-------Add. Opening stock of finished goods -------Cost of gods Available for
Sale------------

******

Ded. Closing Stock of Finished goods ------------------------

******

Cost of goods
sold-------------------------

******
******
******

Add. Commercial Expenses:

******

Office and Administrative expenses:

******

Plant manager / Managers Salary-----------------------------------

******

Officers Salary-----------------------------------------

******

Employees Salary--------------------------------------

*****

Directors Fees------------------------------------------

******

Printing & Salaries------------------------------------

******

Office rent, water, Electricity ----------------------Rates & Taxes -----------------------------------------

******

Postage & Telegram ----------------------------------

******

Audit fees-----------------------------------------------

******

Law charge / Legal Expenses------------------------

******

Repair of office Building -----------------------------

*****

Depreciation of Office Building or Furniture ------

*******

Selling & Distribution Expenses:

******

Sales office salary, Fees, Commission--------------

*******

Bad Debts-----------------------------------------------

*******

Commission--------------------------------------------

*******

*********

Advertising expenses ---------------------------------

*******

*********

Show room Expenses---------------------------------

*********

Packing Expenses -------------------------------------

*********

Sales Tax ----------------------------------------------Carriage Out Ward -----------------------------------Sample & other free gifts--------------------------Sales men Salaries / Traveling expenses of sales
men---------Salaries Directors -----------Total Commercial Expenses
------Cost of Sales---------Profit or Loss--------------------Net
Sales----------

NAME OF THE COMPANY

A COST OF GOODS SOLD STATEMENT (MERCHANDISING CONCERN)
For the year ended
PARTICULARS
Beginning merchandise inventory
Add: Purchase
Less: Purchase returns and allowances
Less: Purchase discounts and allowances
Add: freight in
Import duty
Purchase related expenses
Cost of purchase
Cost of goods available for sale
Less: Ending Merchandise inventory
COST OF GOODS SOLD

AMOUNT

AMOUNT
*******

******
*****
*****
******
******
******
********
******
******
*******