please tell me about the record of administrative expenses in the cost sheet i.e is before cost of goods sold or after it
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Cost sheet
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| Originally posted by : kushal goenka | ||
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please tell me about the record of administrative expenses in the cost sheet i.e is before cost of goods sold or after it |
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before the cost of goods sold...
1. Prime cost
+ factory ov.= works cos
2.works cost+adm. Expen= cost of production.
3. Cos of prod. + open. Stok -closn stok of finsh good= cst of good sold.
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