PARTICULARS

Amount

Amount

Opening stock of raw materials

 -

Add-        purchase of raw materials

 -  

_____________

***

 Add-      carriage inward

 -

                import duty

 -

                duty &clearing charges

 -

                brokerage on purchase

 -

                octroi

-

( any other expenses related to purchase)

-

___________

***

Less-       purchase return

 -

               closing stock of raw material         

 -

              abnormal loss 

 -  

___________

RAW MATERIALS CONSUMED

###

Add-       Direct Expenses

(all direct expenses related to production)      

-

___________

***

__________

PRIME COST

###

Add-       Factory Overheads

(other expenses related to factory)

-

___________

***

Less-      Sale of scrap

-

___________

***

__________

FACTORY COST

###

Add-    Opening work in progress

-

__________

***

Less-   Closing work in progress

-

__________

TOTAL FACTORY COST

###

Add-      Office and Administrative overheads

(all expenses related to office

-

___________

***

__________

COST OF PRODUCTION

###

Add- Opening stock of Finished goods

-

__________

***

Add-  Closing stock of Finished goods

-

__________

COST OF GOODS SOLD

###

Add-   Selling and Distributive Expenses

         (all expenses relating to sales)

-

___________

***

__________

COST OF SALES

###

NET PROFIT (Balance)

?

SALES