Cost Accounting Ppt Pdf Doc Format
A cost sheet is prepared to know the outcome and breakup of costs for a particular accounting period. Columnar form is most popular. Although cost sheets are prepared as per the requirements of the management, the information to be incorporated in a cost sheet should comprise of cost per unit and the total cost for the current period along with the cost per unit and the total cost of preceding period. Data of financial statement is used for preparation of cost sheet. Therefore, reconciliation of cost sheet and financial statement should be done on a regular interval.
- The implementation team has designed three Project Accounting responsibilities that enable access to a department’s expenditures and budget information: USD Project Management, USD Project Maintenance, and USD Project Viewer. USD Project Management. Primarily responsible for monitoring and analyzing cost and budget information.
- Functional Cost Categories. Aircraft operating costs – Expenses associated with flying aircraft, also referred to as “Direct Operating Costs” (DOC). Aircraft servicing costs – Handling aircraft on the ground, includes landing fees. Traffic service costs – Processing passengers, baggage and cargo at airports. Passenger service costs.
Cost Accounting Ppt Pdf Doc Format Form
Cost Definitions. Cost: The total money, time, and resources associated with a purchase or activity. Fixed cost: Includes all costs that do not vary with activity for an accounting period. Fixed costs are, at any time, the inevitable costs that must be paid regardless of the level of output and of the resources used.
Cost Accounting Systems Ppt
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Google Docs Ppt
COST SHEET OR STATEMENT OF COST Total Units……… Es inviolable la libertad de escribir y publicar escritos sobre cualquier materia. Descargar musica clasica mega. El derecho a la informacion sera garantizado por el estado'. Ninguna ley ni autoridad puede establecer la previa censura, ni exigir fianza a los autores.' 6 de la Constitucion de los Estados Unidos Mexicanos.' 'La manifestacion de ideas no sera objeto de ninguna inquisicion judicial o administrativa. | ||
|---|---|---|
| Opening Stock of Raw material | .. .. .. .. | .. .. .. .. |
| Add: Purchases | .. .. .. .. | .. .. .. .. |
| .. .. .. .. | .. .. .. .. | |
| Less: Closing Stock | .. .. .. .. | .. .. .. .. |
| Cost of material Consumed → | .. .. .. .. | .. .. .. .. |
| Add: Direct Labor/Wages | .. .. .. .. | .. .. .. .. |
| Prime Cost → | .. .. .. .. | .. .. .. .. |
| Add: Works overheads | .. .. .. .. | .. .. .. .. |
| Works Cost → | .. .. .. .. | .. .. .. .. |
| Add: Administration overheads | .. .. .. .. | .. .. .. .. |
| Cost of Production → | .. .. .. .. | .. .. .. .. |
| Add: Selling and distribution overheads | .. .. .. .. | .. .. .. .. |
| Total Cost or Cost of Sale → | .. .. .. .. | .. .. .. .. |