Cost account


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Querist : Anonymous

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Querist : Anonymous (Querist)
10 September 2013 what is the difference between cost statement and cost sheet from the point of view of objects.And Cost Accountant prepare both (cost sheet & cost statement) or single one.

10 September 2013 Cost sheet is the detailed calculation of cost of the product. cost statement is the summary of the costs

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Querist : Anonymous

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11 September 2013 i Know Sir but i want to ask that company prapare both or single one.

11 September 2013 need to prepare both, cost sheet for product or service. Cost statement for broader level consolidate all the products and services


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