Job & Batch Costing-Illustrations
Job & Batch Costing-Illustrations
Dear Student / Reader, To have on-hand experience, do exercises, by using following templates. Please fill the data in ORANGE colour cell, for following Illustrations. Illustration No. 1 2 3 4 5 6 7 8 9 10
The Answer will appear in BLUE colour. If your answer is right, a message will appear as "Answer is Right". Till you get the message on screen, go on exercising it, to achieve the required level of skill and competency.
Cost Sheet Amt. (Rs.) Materials Wages Dept A = Dept B = Overheads Total Cost of a Job 0 0
Factory Overheads Charged to Job Particulars Rent Factory Overheads other than rent Total
Job Cost Sheet Particulars Material Labour Machining department Assembly department Finishing department Prime cost Factory overhead Machining department Assembly department Finishing department Factory cost General administration Total costs Profit 10% on total cost Selling Price Job no. A 100 Rs. Job no. B 200 Rs.
0 0
0 0.00
order quantity price per order Cost Sheet Particulars Materials Labour: Blanking Dept Machining Dept Welding Dept Assembly Dept Direct expenses: Hire of special equipment Prime cost Production overhead: Blanking Machining Welding Assembly Factory cost Selling and administration overheads Total cost cost per order profit per order Rs.
Rs.
0 0
0 0 0 0.000 0.000
0 0 0 0 0
0 0 0 0 0
Materials Direct wages Prime cost Add factory overheads Factory cost
0 0
0 0
Overall Position of the Order Units = Rs. Sales Value Total Cost Profit
Months Batch output (units) Sales Value(Rs.) Cost of Material (Rs.) Direct Wages (Rs.) Chargeable Expenses (Rs.) Total Cost (Rs.) Total Cost per unit (Rs.) Profit per batch (Rs.) Profit per unit (Rs.)
Cost Sheet For Six months ending 30th March 1.00 0.00
Total 6.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cost Sheet Particulars Production (units) Direct Material Direct Labour Prime Cost Overheads: Fixed Variable Semi-variable Total Cost Profit Sales Average selling price per unit Rs. 3 months Rs. 9 months Rs. Total for the year 0 Rs. 0 0 0 0 0 0 0 0
Cost sheet showing cost and profit per unit of batch October November December Batch (Units) 1 1 1 Sales Value Materials Costs Labour Costs Overheads Total Cost 0 0 0 Total Profit 0 0 0 Cost per unit 0 0 0 Profit per unit 0 0 0
Rs.
0 0
0 0 0
0 0