Order No.

REF Particulars
111000002 A Material Consumption against Production Order

B Overheads Charged during Confirmation

C Semi Finished Goods Receipt agisnt Prod Order

D Production Order Settlement

111000003 E Material Consumption against Production Order

F WIP Stock Issued / Consumption agst. Prod Ord

G Overheads Charged during Confirmation

H Semi Finished Goods Receipt agisnt Prod Order

I Production Order Settlement

112000000 J Material Consumption against Production Order

K WIP Stock Issued / Consumption agst. Prod Ord

L Overheads Charged during Confirmation

M Finished Goods Receipt against Prod Order

N Production Order Settlement

Sales Entries O Delivery

Sales Entries P Billing

 FI CO Amount
Consumption of RM A/C DR 86,500.98
Stock - RM CR (86,500.98)
- Secondary Cost Elements 0.83

Stock - WIP A/C DR 12,000.00

Change in Inventory (12,000.00)

Price Difference A/C DR 74,501.82

To Change in Inventory A/C (74,501.82)

Consumption of RM A/C DR 23,145.18

Stock - RM CR (23,145.18)

Consumption of WIP A/C DR 12,000.00

STOCK - WIP CR (12,000.00)

- Secondary Cost Elements 0.64

Stock - WIP A/C DR 30,000.00

Change in Inventory (30,000.00)

Price Difference A/C DR 5,145.81

To Change in Inventory A/C (5,145.81)

Consumption of RM A/C DR 33,792.08

Stock - RM CR (33,792.08)

Consumption of WIP A/C DR 30,000.00

STOCK - WIP CR (30,000.00)

- Secondary Cost Elements 1.83

Stock - FG A/C DR 64,800.00

Change in Inventory (64,800.00)

Change in Inventory a/c Dr 1,006.10

To Price Difference A/c (1,006.10)
Cost of Goods Sold A/C DR 64,800.00
To Stock - FG A/C (64,800.00)

Customer A/C DR. 148,000.00

To Sales (148,000.00)
 Consumption of Raw Material
Ref. No Particulars Amount Ref. No
A To Stock - RM 86,500.98
E To Stock - RM 23,145.18
J To Stock - RM 33,792.08

143,438.24
143,438.24

Consumption of WIP
Ref. No Particulars Amount Ref. No
F To Stock - WIP 12,000.00
K To Stock - WIP 30,000.00

42,000.00
42,000.00
Price Difference A/c
Ref. No Particulars Amount Ref. No
D To Change in Inventory 74,501.82 N
I By Price Difference 5,145.81

79,647.63
78,641.53

Change in Inventory
Ref. No Particulars Amount Ref. No
N To Price Difference 1,006.10 B
D
H
I
M

1,006.10
(185,441.53)
Cost of Goods Sold
Ref. No Particulars Amount Ref. No
O To Stock FG 64,800.00

64,800.00
64,800.00

SALES A/C
Ref. No Particulars Amount Ref. No
- P

-
(148,000.00)

Stock RM
Ref. No Particulars Amount Ref. No
A
E
J

-
(143,438.24)
Stock WIP
Ref. No Particulars Amount Ref. No
B To Change in Inventory 12,000.00 F
H To Change in Inventory 30,000.00 K

42,000.00
-

Stock FG
Ref. No Particulars Amount Ref. No
M To Change in Inventory 64,800.00 O

64,800.00
-
 Customer
Ref. No Particulars Amount Ref. No
P To Sales 148,000.00

148,000.00
148,000.00
of Raw Material
Particulars Amount

Particulars Amount

Particulars Amount
By Change in Inventory 1,006.10

1,006.10

Particulars Amount
By Stock WIP 12,000.00
By Price Difference A/c 74,501.82
By Stock WIP 30,000.00
By Price Difference A/c 5,145.81
By Stock FG 64,800.00

186,447.63

Particulars Amount
 -

Particulars Amount
By Sales 148,000.00

148,000.00

Particulars Amount
By Consumption of RM 86,500.98
By Consumption of RM 23,145.18
By Consumption of RM 33,792.08

143,438.24

Particulars Amount
By Consumption of WIP 12,000.00
By Consumption of WIP 30,000.00

42,000.00

Particulars Amount
By Cost of Goods Sold 64,800.00

64,800.00
Particulars Amount

-
 Profit & Loss Account
Ref. No Expenses Amount Ref. No
Consumption of RM 143,438.24
Consumption of WIP 42,000.00
Change in Inventory (185,441.53)
Cost of Goods Sold 64,800.00
Price Difference A/c 78,641.53

143,438.24
Profit / (Loss) 4,561.76
 Incomes Amount
Sales 148,000.00

148,000.00
 Balance Sheet
Ref. No Liabilities Amount Ref. No

Profit & Loss Account 4,561.76

4,561.76
 Assets Amount
Stock RM (143,438.24)
Stock WIP -
Stock FG -

Debtors / Customer A/C 148,000.00

4561.76

-
 PLAN

Qty UOM
111000002 14000053 CORBIS 2.5-CORE -600,000.000 NO
11000692 Dibasic Calcium Phosphate IP (Anhydrous) 24.000 KG
11000655 MCC IP ( Avicel PH112) 52.500 KG
11000683 Colloidal Silicon Dioxide IP 0.180 KG
11000793 Pregel. Starch Ph.Eur./BP (Starch 1500 ) 11.400 KG
10000012 Bisoprolol Fumarate USP 1.500 KG
11000755 Magnesium Stearate IP 0.420 KG
11101010/MACHIN Machine Overhead 24.500 HR
11101010/LABOUR Labour Overhead 24.500 HR
11101010/MISC Miscellanious Overhead 33.000 HR
MAT 1110/14000053 Change in Inventory Cost

111000003 14000054 CORBIS 2.5-COATED -600,000.00 NO

11000588 Lake of Brilliant Blue 1.56 KG
11000850 Titanium Dioxide IP 0.52 KG
11000726 Hydroxy Propyl Methyl Cellulose 5 cps IP 1.52 KG
11000705 Ethly Cellulose IP 1985 7.80 KG
11000694 Methylene Chloride IP ' 85 13.98 KG
11000720 GlycerolTriacetate/ Triacetin Ph.Eur/BP 0.28 L
11000540 Methanol O.sp. 32.64 L
14000053 CORBIS 2.5-CORE 600,000.00 NO
11101010/MACHIN Machine Overhead 20.00 HR
11101010/LABOUR Labour Overhead 20.00 HR
11101010/MISC Miscellanious Overhead 23.50 HR
Change in Inventory Cost

112000000 17000035 CORBIS 2.5MG 10T. -60,000.00 EA

13000477 Carton CORBIS 2.5 Tab. 6,000.00 NO
12000346 Ptd.Al.Foil - CORBIS 2.5 Tab. 48.00 KG
12000111 150mm Plain Alum.Foil (O3) 48.00 KG
13000833 Leaflet CORBIS Tablet 6,000.00 NO
13000737 Corrugated Box Telsar H 107.00 NO
14000054 CORBIS 2.5-COATED 600,000.00 NO
11101010/MACHIN Machine Overhead 31.50 HR
11101010/LABOUR Labour Overhead 31.50 HR
11101010/MISC Miscellanious Overhead 121.00 HR
MAT 1110/17000035 Change in Inventory Cost
PLAN Actual Target
Price from
Price from Mat Price from Std Cost
Mast Plan Price Qty UOM Mat Mast Actual Cost Qty UOM Estimate
0.02 -12,000.000 -600,000.000 NO 0.02 (12,000.00) -600,000.000 NO 0.0193
79.99 1,919.760 24.000 KG 79.99 1,919.76 24.000 KG 303.30
62.74 3,293.850 52.500 KG 62.74 3,293.85 52.500 KG 62.74
281.41 50.654 0.180 KG 281.41 50.65 0.180 KG 3,603.04
2.00 22.800 11.400 KG 2.00 22.80 11.400 KG 2.00
54,120.00 81,180.000 1.500 KG 54,120.00 81,180.00 1.500 KG 1.00
80.75 33.915 0.420 KG 80.75 33.92 0.420 KG 834.32
0.01 0.245 24.500 HR 0.01 0.25 24.500 HR 0.01
0.01 0.245 24.500 HR 0.01 0.25 24.500 HR 0.01
0.01 0.330 34.000 HR 0.01 0.34 33.000 HR 0.01
(74,501.82)
74,501.799 (0.01)

0.05 -30,000.00 -600,000.00 NO 0.05 -30,000.00 -600,000.00 NO 0.05

58.63 91.46 1.56 KG 58.63 91.46 1.560 KG 58.63
332.93 173.12 0.52 KG 332.93 173.12 0.520 KG 332.93
1,408.70 2,141.22 1.52 KG 1,408.70 2,141.22 1.520 KG 1,408.70
971.22 7,575.52 7.80 KG 971.22 7,575.52 7.800 KG 281.41
28.05 392.14 13.98 KG 28.05 392.14 13.980 KG 192.41
2,073.82 580.67 0.28 L 2,073.82 580.67 0.280 L 0.15
373.50 12,191.04 32.64 L 373.50 12,191.04 32.640 L 373.50
0.02 12,000.00 600,000.00 NO 0.02 12,000.00 600,000.000 NO 0.02
0.01 0.20 20.00 HR 0.01 0.20 20.000 HR 0.01
0.01 0.20 20.00 HR 0.01 0.20 20.000 HR 0.01
0.01 0.24 23.50 HR 0.01 0.24 23.500 HR 0.01
(5,145.81)
5,145.810 -
1.08 -64,800.00 -60,000.00 EA 1.08 -64,800.00 -60,000.00 EA 1.08
1.41 8,460.00 6,000.00 NO 1.41 8,460.00 6,000.000 NO 1.41
250.41 12,019.68 48.00 KG 250.41 12,019.68 48.000 KG 250.41
212.39 10,194.72 48.00 KG 212.39 10,194.72 48.000 KG 212.39
0.23 1,380.00 6,000.00 NO 0.23 1,380.00 6,000.000 NO 0.23
16.24 1,737.68 107.00 NO 16.24 1,737.68 107.000 NO 16.24
0.05 30,000.00 600,000.00 NO 0.05 30,000.00 600,000.000 NO 0.05
0.01 0.32 31.50 HR 0.01 0.32 31.500 HR 0.01
0.01 0.32 31.50 HR 0.01 0.32 31.500 HR 0.01
0.01 1.21 119.50 HR 0.01 1.20 121.000 HR 0.01
1,006.10
-1,006.080 0.00
Target

Target Cost Target Cost

-11,597.140 (402.86)
7,279.200 (5,359.44)
3,293.850 -
648.547 (597.89)
22.800 -
1.500 81,178.50
350.414 (316.50)
0.245 -
0.245 -
0.330 0.01
(74,501.82)
-0.008 (0.00)

-31,079.57 1,079.57
91.46 0.00
173.12 0.00
2,141.22 0.00
2,195.00 5,380.52
2,689.89 -2,297.75
0.04 580.63
12,191.04 0.00
11,597.14 402.86
0.20 0.00
0.20 0.00
0.24 0.00
0.000 (5,145.81)
-0.013 0.01
-64,873.49 73.49
8,460.00 0.00
12,019.68 0.00
10,194.72 0.00
1,380.00 0.00
1,737.68 0.00
31,079.57 -1,079.57
0.32 0.00
0.32 0.00
1.21 -0.01
1,006.10
0.000 0.00
Cost EstimaCORBIS 2.5MG 10T.

17000035 CORBIS 2.5MG 10T.

13000477 Carton CORBIS 2.5 Tab.
12000346 Ptd.Al.Foil - CORBIS 2.5 Tab.
12000111 150mm Plain Alum.Foil (O3)
13000833 Leaflet CORBIS Tablet
13000737 Corrugated Box Telsar H
14000054 CORBIS 2.5-COATED
11000588 Lake of Brilliant Blue
11000850 Titanium Dioxide IP
11000726 Hydroxy Propyl Methyl Cellulose 5 cps IP
11000705 Ethly Cellulose IP 1985
11000694 Methylene Chloride IP ' 85
11000720 GlycerolTriacetate/ Triacetin Ph.Eur/BP
11000540 Methanol O.sp.
14000053 CORBIS 2.5-CORE
11000692 Dibasic Calcium Phosphate IP (Anhydrous)
11000655 MCC IP ( Avicel PH112)
11000683 Colloidal Silicon Dioxide IP
11000793 Pregel. Starch Ph.Eur./BP (Starch 1500 )
10000012 Bisoprolol Fumarate USP
11000755 Magnesium Stearate IP
 Pr Costing RM COST RM COST Machine Labour
Qty UOM UOM
ind Lot Size / Lot Size Qty Value Qty
60,000.000 EA S 60,000 EA 1.08 64,871.65 31.50 0.32 31.50
6,000.000 NO V 1 NO 1.41 8,460.00
48.000 KG V 1 KG 250.41 12,019.68
48.000 KG V 1 KG 212.39 10,194.72
6,000.000 NO V 1 NO 0.23 1,380.00
107.000 NO V 1 NO 16.24 1,737.68
600,000.000 NO S 600,000 NO 0.05 31,078.92 20.00 0.21 20.00
1.560 KG V 1 KG 58.63 91.46
0.520 KG V 1 KG 332.93 173.12
1.520 KG V 1 KG 1,408.70 2,141.22
7.800 KG V 1 KG 281.41 2,195.00
13.980 KG V 1 KG 192.41 2,689.89
0.280 L V 1 L 0.15 0.04
32.640 L V 1 L 373.50 12,191.04
600,000.000 NO S 600,000 NO 0.02 11,596.31 24.50 0.25 24.50
24.000 KG V 1 KG 303.30 7,279.20
52.500 KG V 1 KG 62.74 3,293.85
0.180 KG V 1 KG 3,603.04 648.55
11.400 KG V 1 KG 2.00 22.80
1.500 KG V 1 KG 1.00 1.50
0.420 KG V 1 KG 834.32 350.41
Labour Misc
Value Qty Value
0.32 119.50 1.2 2.92
1.41
250.41
212.39
0.23
16.24
0.21 23.50 0.24 31,079.58
58.63
332.93
1,408.70
281.41
192.41
0.15
373.50
0.25 33.00 0.33 0.85
303.30
62.74
3,603.04
2.00
1.00
834.32
 PRODUCTION ORDER
REF Particulars Accounting Entry Cost Center Profit Center
111000002 111000003 112000000

A Material Consumption against Production Order Consumption of RM A/C DR 86,500.98 86,500.98

Stock - RM CR (86,500.98)

B Overheads Charged during Confirmation Secondary Cost Elements 0.83 (0.83)

C Semi Finished Goods Receipt agisnt Prod Order Stock - WIP A/C DR 12,000.00

Change in Inventory (12,000.00) (12,000.00)

D Production Order Settlement Price Difference A/C DR 74,501.82 74501.82

To Change in Inventory A/C (74,501.82) -74501.82

E Material Consumption against Production Order Consumption of RM A/C DR 23145.18 23,145.18

Stock - RM CR (23,145.18)

F WIP Stock Issued / Consumption agst. Prod Ord Consumption of WIP A/C DR 12000 12000

STOCK - WIP CR -12000

G Overheads Charged during Confirmation Secondary Cost Elements 0.64 -0.64

H Semi Finished Goods Receipt agisnt Prod Order Stock - WIP A/C DR 30000

Change in Inventory -30000 -30000

I Production Order Settlement Price Difference A/C DR 5145.81 5,145.81

To Change in Inventory A/C -5145.81 (5,145.81)

J Material Consumption against Production Order Consumption of RM A/C DR 33792.08 33792.08

Stock - RM CR -33792.08

K WIP Stock Issued / Consumption agst. Prod Ord Consumption of WIP A/C DR 30000 30,000.00

STOCK - WIP CR (30,000.00)

L Overheads Charged during Confirmation Secondary Cost Elements 1.83 (1.83)

M Finished Goods Receipt against Prod Order Stock - FG A/C DR 64,800.00

Change in Inventory -64800 (64,800.00)

N Production Order Settlement Change in Inventory a/c Dr 1006.1 1006.1

To Price Difference A/c (1,006.10) -1006.1

O Delivery Cost of Goods Sold A/C DR 64,800.00

To Stock - FG A/C (64,800.00)

P Billing Customer A/C DR. 148000

To Sales -148000

(0.01) 0.01 0.01 78,638.23 -