{"id":3377,"date":"2020-02-17T07:17:59","date_gmt":"2020-02-17T07:17:59","guid":{"rendered":"https:\/\/commerceiets.com\/?p=3377"},"modified":"2020-02-17T07:17:59","modified_gmt":"2020-02-17T07:17:59","slug":"cost-sheet-format","status":"publish","type":"post","link":"https:\/\/commerceiets.com\/cost-sheet-format\/","title":{"rendered":"COST SHEET FORMAT"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/commerceiets.com\/cost-sheet-format\/#COST_SHEET_FORMAT\" title=\"COST SHEET FORMAT\">COST SHEET FORMAT<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/commerceiets.com\/cost-sheet-format\/#COST_SHEET_FORMAT_Cost_sheet_for_the_period_ending\" title=\"COST SHEET FORMAT: Cost sheet for the period ending\">COST SHEET FORMAT: Cost sheet for the period ending<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 class=\"has-text-align-center wp-block-heading\" id=\"cost-sheet-format\"><span class=\"ez-toc-section\" id=\"COST_SHEET_FORMAT\"><\/span><strong>COST SHEET FORMAT<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2022\/01\/images-11.jpg\" alt=\"cost sheet format\" class=\"wp-image-5084\"\/><figcaption>cost sheet format<\/figcaption><\/figure>\n\n\n\n<p>Cost sheet is a device used to determine and present the cost under <a rel=\"noreferrer noopener\" aria-label=\"unit costing (opens in a new tab)\" href=\"https:\/\/commerceiets.com\/unit-costing\/\" target=\"_blank\">unit costing<\/a>. Cost sheet format is a statement of costs incurred at each level of manufacturing a product or service. In a Cost sheet all the elements of cost is taken into consideration. It includes Prime cost, Factory\/manufacturing cost, cost of production, cost of sale, Profit\/loss etc.<\/p>\n\n\n\n<p><strong>ACCORDING TO C.I.M.A,\nLONDON<\/strong><\/p>\n\n\n\n<p>\u201cCost sheet is a cost schedule or document which provides\nfor the assembly of the estimated detailed cost in respect of a cost center or\ncost unit\u201d. <\/p>\n\n\n\n<p><strong>ACCORDING TO WHELDON<\/strong><\/p>\n\n\n\n<p>\u201cCost sheets are prepared for the use of management and\nconsequently, they must include all the essential details which will assist the\nmanager in checking the efficiency of production\u201d<\/p>\n\n\n\n<p>Items excluded from Cost Sheet:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/p>\n\n\n\n<p>1. Pure financial expenses like interest on capital,\ninterest on loan, discount on debentures, loss on sale of fixed asset provision\nfor bad debts and doubtful debts, writing off goodwill, copyright, preliminary\nexpenses etc.<\/p>\n\n\n\n<p>2. Pure financial incomes like interest received, profit on\nsale of investment, dividend received, rent received, commission received,\ndiscount received etc.<\/p>\n\n\n\n<p>In addition to the above, no appropriation items will\ninclude in cost sheet.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"cost-sheet-format-cost-sheet-for-the-period-ending\"><span class=\"ez-toc-section\" id=\"COST_SHEET_FORMAT_Cost_sheet_for_the_period_ending\"><\/span><strong>COST SHEET FORMAT: Cost sheet for the period ending<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  <strong>PARTICULARS<\/strong>\n  <\/td><td>\n  <strong>AMOUNT<\/strong>\n  <\/td><\/tr><tr><td>\n  Direct material\n  Direct wages\n  Direct Expenses\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\n  Prime Cost<\/strong>\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>Add: <\/strong>Factory Overheads\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\n  Factory Cost<\/strong>\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>Add: <\/strong>Administration\n  Overheads\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\n  Cost of Production<\/strong>\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>Add:<\/strong> Selling and\n  Distribution Overheads\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\n  Total Cost \/Cost of sale<\/strong>\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><\/tbody><\/table><figcaption>cost sheet format<\/figcaption><\/figure>\n\n\n\n<p><strong>TREATMENT OF STOCK<\/strong><\/p>\n\n\n\n<p>While preparing a cost sheet we have to consider the opening\nand closing stocks of the following three items<\/p>\n\n\n\n<ul><li>Stock of Raw materials<\/li><li>Stock of finished goods<\/li><li>Stock of work in progress<\/li><\/ul>\n\n\n\n<p><strong>Stock of Raw\nmaterials:<\/strong> In order to get the cost of material consumed, opening stock of\nmaterial is added to the cost of raw materials purchased and closing stock of\nraw materials is deducted from it.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  Opening stock of raw materials\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>ADD:<\/strong> Purchase of raw\n  material\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>LESS:<\/strong> Closing stock of raw\n  material\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>Cost of materials consumed<\/strong>\n  <\/td><td>\n\n  <\/td><\/tr><\/tbody><\/table><figcaption>cost sheet format<\/figcaption><\/figure>\n\n\n\n<p><strong>Stock of Work \u2013 in \u2013\nprogress:<\/strong> The Cost of work in progress are adjusted at the work cost stage<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>   <strong>PRIME COST<\/strong>   cost sheet format   <strong>PRIME COST<\/strong>   <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  ADD: Works Overhead\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  ADD: Opening stock of work-in-progress\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  LESS: Closing stock of work-in-progress\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>WORKS COST<\/strong>\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><\/tbody><\/table><figcaption>cost sheet format<\/figcaption><\/figure>\n\n\n\n<p><strong>Stock of finished\ngoods: <\/strong>It is adjusted immediately after ascertaining the cost of\nproduction.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>\n  Cost of production\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>ADD:<\/strong> Opening stock of\n  finished goods\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>LESS:<\/strong> Closing stock of finished\n  goods\n  <\/td><td>\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>Cost of goods sold<\/strong>\n  <\/td><td>\n\n  <\/td><\/tr><\/tbody><\/table><figcaption>cost sheet format<\/figcaption><\/figure>\n\n\n\n<p><strong>TENDERS OR QUOTATIONS<\/strong><\/p>\n\n\n\n<p>A tender or quotation is an offer made by a person to supply\ncertain goods at a specified price. It is an estimated price which is\ndetermined in advance of production. A reasonable margin of profit is added to\nthe estimated cost to get the tender price. A tender has to be prepared very\ncarefully as the receipts of orders depend upon the acceptance of quotations or\ntenders supplied by the manufacturers. It requires information regarding Prime\ncost, works cost, administration and selling overhead cost and profit of the\npreceding period.<\/p>\n\n\n\n<p><strong>Computation of Tender\nprice<\/strong><\/p>\n\n\n\n<p><strong>I. Calculation of\nTender price on the basis of Percentages of Overheads<\/strong><\/p>\n\n\n\n<p>In this case a cost sheet is prepared for the past period\nwith the total amount of different elements of cost. Here Indirect or overhead\ncosts are charged on a percentage basis. The percentage is calculated on the\nbasis of the past year\u2019s cost sheet. These are calculated as follows:<\/p>\n\n\n\n<p>a. Factory OH is charged as a percentage if direct wages. =<strong>Factory OH x 100\/Direct wages<\/strong><\/p>\n\n\n\n<p>b. Administration OH is charged as a percentage of Factory\ncost = <strong>Administration OH x 100\/ Factory\nCost<\/strong><\/p>\n\n\n\n<p>c. Selling and Distribution OH is charged as percentage of\nFactory cost = <strong>Selling and Distribution\nx 100\/ Factory cost<\/strong><\/p>\n\n\n\n<p>Profit may be calculated either as a percentage of cost or\nselling price. If the given percentage of profit is on selling price, the\npercentage of profit on selling price should be converted into percentage of\nprofit on cost.<\/p>\n\n\n\n<p><strong>II. Computation of\nTender price on the basis of Previous year\u2019s per unit cost:<\/strong><\/p>\n\n\n\n<p>Under this situation, previous periods cost and output\nfigures are available. Tender price is fixed by multiplying the quantity with\nprevious periods per unit cost and adding the required percentage of profit.\nThere are three different situations under this method. <\/p>\n\n\n\n<p><strong>a. When there is no\nchange in past cost and past percentage of profit: <\/strong>In this case a detailed\nprobable cost sheet is prepared by multiplying previous period\u2019s cost of each unit\nwith the quantity of tender. Profit is added at the same percentage of profits\nof the past period.<\/p>\n\n\n\n<p><strong>b. When there is\nchange in past cost, but no change in past percentage of profit:<\/strong> Here the\ncost of the tender is calculated by making necessary adjustments in the elements\nof cost. Same percentage of cost is added as profit to get tender price.<\/p>\n\n\n\n<p><strong>c. When there is\nchange in past cost and past percentage of profit:<\/strong> Here the total cost\ntender is calculated by making necessary adjustments in the cost and the tender\nprice is then calculated by adding the required percentage of profit.<\/p>\n\n\n\n<p><strong>III Calculation of Tender price based on fixed and variable costs:<\/strong> Here, costs are classified according to variability into three types,, fixed, variable and semi variable. Tender price is calculated on the basis of degree of variability.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><td><strong>Also Study<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/cost-accounting\/\">Cost Accounting<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/scope-of-cost-accounting-pdf\/\">Scope of cost accounting<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/elements-of-cost\/\">Elements of cost<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/types-of-cost\/\">Types of cost<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/material-control-in-cost-accounting-pdf\/\">Material control<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/perpetual-inventory-system\/\">Perpetual inventory system<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/pricing-of-materials\/\">Pricing of materials<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/bin-card\/\">Bin Card<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/store-ledger\/\">Stores Ledger<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/incentive-plans\/\">Incentive plans<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/overhead\/\">Overheads<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/accounting-treatment-of-idle-time\/\">Idle time<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/system-of-wage-payment-in-cost-accounting\/\">System of wage payment in cost accounting<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-time-rate-system-and-piece-rate-system\/\">Time rate vs piece rate wage system<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/cost-centre\/\">Cost Center<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/labor-turnover\/\">Labour Turnover<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/difference-between-management-accounting-and-cost-accounting\/\">Difference between management accounting and cost accounting<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/allocation-and-apportionment-of-overheads\/\">Allocation and apportionment of overheads<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-allocation-and-apportionment-of-overheads\/\">Allocation vs Apportionment of overheads<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/absorption-of-overheads\/\">Absorption of overheads<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/over-absorption-and-under-absorption-of-overheads\/\">Over absorption and under absorption of overheads<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/activity-based-costing\/\">Activity based costing<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-traditional-costing-and-activity-based-costing\/\">Traditional costing vs ABC system<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/reconciliation-of-accounts\/\">Reconciliation of accounts<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/unit-costing\/\">Unit costing<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/cost-sheet-format\/\">Cost sheet format<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/cost-sheet-vs-production-account\/\">Cost sheet vs production sheet<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/job-costing\/\">Job costing<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/batch-costing\/\">Batch Costing<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-job-costing-and-batch-costing\/\">job costing vs batch costing<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/contract-costing\/\">Contract costing<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-job-costing-and-contract-costing\/\">Job Costing vs Contract costing<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/process-costing\/\">Process Costing<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/process-costing-vs-job-costing\/\">Process costing vs job costing<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/joint-products\/\">Joint products<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/by-products\/\">By Product&nbsp;<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/equivalent-production\/\">Equivalent production<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/marginal-costing\/\">Marginal costing<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/applications-of-marginal-costing\/\">Application of marginal costing<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/cost-volume-profit-analysis\/\">Cost volume profit analysis<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/tools-and-techniques-of-marginal-costing\/\">Tools and techniques of marginal costing<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/budget\/\">Budget<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/break-even-point\/\">Break even point<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/process-of-budgetary-control\/\">Process of budgetary control<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/explain-the-advantages-and-limitations-of-budgetary-control\/\">Advantages and limitations of budgetary control<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/budgetary-control\/\">Budgetary Control<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/zero-base-budgeting\/\">Zero base budgeting<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/standard-costing\/\">Standard Costing<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/variance-analysis\/\">Variance Analysis<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-standard-costing-and-budgetary-control\/\">Standard costing vs budgetary control<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-management-accounting-and-cost-accounting\/\">Management accounting vs cost accounting<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-financial-accounting-management-accounting-and-cost-accounting\/\">Cost accounting vs financial accounting<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.linkedin.com\/in\/kajal-mahajan-7549b2197\/\" target=\"_blank\" rel=\"noreferrer noopener\">CONNECT ON LINKEDIN<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"512\" height=\"152\" src=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-cropped-Presentation-resize-1.jpg\" alt=\"cost sheet format\" class=\"wp-image-4836\" srcset=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-cropped-Presentation-resize-1.jpg 512w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-cropped-Presentation-resize-1-300x89.jpg 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><figcaption>cost sheet format<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>COST SHEET FORMAT Cost sheet is a device used to determine and present the cost under unit costing. Cost sheet format is a statement of costs incurred at each level of manufacturing a product or service. In a Cost sheet all the elements of cost is taken into consideration. It includes Prime cost, Factory\/manufacturing cost,&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/commerceiets.com\/cost-sheet-format\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;COST SHEET FORMAT&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":3379,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"_links":{"self":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/3377"}],"collection":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/comments?post=3377"}],"version-history":[{"count":0,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/3377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media\/3379"}],"wp:attachment":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media?parent=3377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/categories?post=3377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/tags?post=3377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}