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ABC Manufacturing Cost Sheet March 2025

The cost sheet for ABC Manufacturing Ltd. for March 2025 outlines the total prime cost as Rs. 85,000, with factory overheads adding Rs. 18,000, leading to a factory cost of Rs. 103,000. After accounting for administration and selling/distribution overheads, the total cost of sales is Rs. 119,000, resulting in a profit of Rs. 21,000 and a selling price of Rs. 140,000.

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6 views2 pages

ABC Manufacturing Cost Sheet March 2025

The cost sheet for ABC Manufacturing Ltd. for March 2025 outlines the total prime cost as Rs. 85,000, with factory overheads adding Rs. 18,000, leading to a factory cost of Rs. 103,000. After accounting for administration and selling/distribution overheads, the total cost of sales is Rs. 119,000, resulting in a profit of Rs. 21,000 and a selling price of Rs. 140,000.

Uploaded by

nishantvado08
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Cost Sheet Assignment

Company Name: ABC Manufacturing Ltd.

Cost Sheet for the Month Ending: March 31, 2025

1. Prime Cost:

- Direct Materials: Rs. 50,000

- Direct Labour: Rs. 30,000

- Direct Expenses: Rs. 5,000

Total Prime Cost: Rs. 85,000

2. Factory Overheads:

- Indirect Wages: Rs. 10,000

- Factory Rent: Rs. 5,000

- Depreciation on Machinery: Rs. 3,000

Total Factory Overheads: Rs. 18,000

Factory/Works Cost = Prime Cost + Factory Overheads = Rs. 103,000

3. Administration Overheads:

- Office Salaries: Rs. 7,000

- Stationery: Rs. 2,000

Total Admin Overheads: Rs. 9,000

Cost of Production = Works Cost + Admin Overheads = Rs. 112,000

Page 1
Cost Sheet Assignment

4. Selling and Distribution Overheads:

- Advertisement: Rs. 4,000

- Sales Commission: Rs. 3,000

Total Selling & Distribution: Rs. 7,000

Cost of Sales = Cost of Production + Selling & Distribution = Rs. 119,000

5. Profit: Rs. 21,000

Selling Price = Cost of Sales + Profit = Rs. 140,000

Page 2

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