Cost sheet is a statement of cost. In other words, when costing information are set out in the form of a statement, it is called cost sheet.
What do you mean by Cost Sheet?
What are the Overheads?
Overheads may be defined as the aggregate of the cost of indirect materials, indirect labor and such other expenses including services as cannot conveniently be charged direct to specific cost units.
What do you mean by Direct Expenses?
All expenses which can be identified to a particular cost centre and hence directly charged to the centre are known as direct expenses.
What do you mean by Direct Labor?
Direct labor is all labor expended in altering the construction, composition, confirmation or condition of the product.
What do you mean by Direct Materials?
Direct materials are those materials which can be identified in the product and can be conveniently measured and directly charged to the product.
What do you mean by classification of cost? Give different basis of classification of cost.
Cost classification is the process of grouping costs according to their common characteristics.
What are the various concepts of Cost?
These are the following concepts used in cost accounting:
What are the types or techniques of Costing?
Following are the main types or techniques of costing for ascertaining costs:
How to write an application to your school principal to grant you leave for remaining period.
With due respect, I beg to say that now I get a severe headache. So, I am unable to sit in the class.
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With due respect, I beg to say that I was suffering from fever. So, I could not come to school for last five days.
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Many thanks for your invitation that you so sincerely extended to me through your letter. But I am sorry to inform you that,
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We, the students of the St. Martin School request the pleasure of the kind company of Mr. S. Jones, District Judge,
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I have the honor to inform you that I received the parcel under reference by yesterday post. But I am sorry to point out that you have sent only two copies of Moral Stories instead of…
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Please send me the following articles per V.P.P. with an immediate effect. I have sent you, this…
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Please take my friendly salute. I have got your letter. You have written that you have not seen the lake. You have written that you like to join an excursion party. If you ever get a chance.
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