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Re: ::: vuaskari.com ::: Fwd: complete format of Cost of Goods Sold statement

please provide me FIN621 And MGT 503 Midterm papers


On Fri, Nov 8, 2013 at 9:07 AM, Muhammad Sarim <sarim.sarwar@gmail.com> wrote:





Entity Name

Cost of Goods Sold statement

for the year ended_______

 

                                                                                                                                                                                                                              RS.              RS.

Direct Material Consumed

 

 

Opening inventory

 

 

Add: Purchases

 

 

Less: Purchases Return

 

 

Add: Fright / Carriage Inward

 

 

Less: Discount on Purchases

 

 

Material available for use

 

 

Less Closing inventory

 

 

Direct Material used

 

 

Add: Direct labor

 

 

Prime cost

 

 

Add Factory overhead Cost

 

 

Total factory cost

 

 

Add Opening Work in process

 

 

Cost of good to be manufactured

 

 

Less Closing Work in process

 

 

Cost of good manufactured

 

 

Add Opening finish goods

 

 

Cost of good to be sold

 

 

Less closing finish goods

 

 

Cost of good to sold

 

 

--
We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best. Join www.vuaskari.com,
To post to this group, send email to vuaskari_com@googlegroups.com
Visit these groups:
This (Main) Group:http://groups.google.com/group/vuaskari_com?hl=en?hl=en
MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
HRM Group: http://groups.google.com/group/askari_hrm?hl=en?hl=en
Banking Group: http://groups.google.com/group/askari_banking?hl=en?hl=en
Management: https://groups.google.com/group/vuaskari_mgt?hl=en
Marketing: https://groups.google.com/group/vuaskari_mkt?hl=en
MIS Group: http://groups.google.com/group/askari_mis?hl=en

--
We say, "Be one as Pakistani Nation and grow up for Pakistan's Future". Wish you all the best. Join www.vuaskari.com,
To post to this group, send email to vuaskari_com@googlegroups.com
Visit these groups:
This (Main) Group:http://groups.google.com/group/vuaskari_com?hl=en?hl=en
MIT/MCS Group: http://groups.google.com/group/vu_askarimit?hl=en?hl=en
HRM Group: http://groups.google.com/group/askari_hrm?hl=en?hl=en
Banking Group: http://groups.google.com/group/askari_banking?hl=en?hl=en
Management: https://groups.google.com/group/vuaskari_mgt?hl=en
Marketing: https://groups.google.com/group/vuaskari_mkt?hl=en
MIS Group: http://groups.google.com/group/askari_mis?hl=en

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