INTERVIEW QUESTIONS ACCOUNTS COST ACCOUNTING DETAILS

Question: Tell me the information about cost sheets.

Answer: cost sheet consists of the direct and indirect expenses incurred in producing a given product and classifying the expenses incurred according to office, administration, selling and distribution overheads..

cost sheet consists of the direct and indirect expenses incurred in producing a given product and classifying the expenses incurred according to office, administration, selling and distribution overheads..
Source: CoolInterview.com

Cost sheet is a statement of particulars of expenses ( direct and indirect)which an organization incurred while producing a particular product. cost sheet classifies cost and expenses according to their nature which may be administration, selling and distribution, Production. it also classifies cost as per it's behavior ie direct or indirect. Source: CoolInterview.com

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