While Calculating Cost of Production should i consider bank charges and advertisement. if yes then how?? plz advice
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Bank Charges in cost sheet
Replies (5)
No bank charges and advertisement are not considered in cost sheet
1) Bank charges related to office administration can form part of admin overheads and thus in cost of production
2) Advertisement is part of selling & distribution overhead and thus not part of cost of production but of cost of sales
Yes agree with poornima it was a mistake
Advertisement cost is added after cost of production.
So it forms a part of selling and distribution overhead.
It is always apportioned on the basis of sales hence forms part of cost of sales.
Bank charges is an overhead but forms finance cost.
So an indirect overhead of administration overhead.
So it forms a part of selling and distribution overhead.
It is always apportioned on the basis of sales hence forms part of cost of sales.
Bank charges is an overhead but forms finance cost.
So an indirect overhead of administration overhead.
Office superintendent salary in cost sheet ???
And legal expenses come in cost sheet or not ??
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