Job Cost Sheet
Job cost sheet is a document used in a job-order costing system to record all the costs incurred on a job. In addition to job identification details such as job number, customer name, etc., it includes particulars of direct material, direct labor and manufacturing overheads incurred on the job.
In a process costing system, the purpose of the job cost sheet is fulfilled by the cost of production report.
Following is a template that can be used as a job cost sheet:
|Job Cost Sheet|
|Job Number||Order No|
|Date Started||Date Completed|
|Units Ordered||Units Completed|
|Total Direct Materials (A)|
|Total Direct Labor (B)|
|Allocation Base||Base Units||Rate||Amount|
|Total Manufacturing Overheads (C)|
|Total Job Cost (D=A+B+C)|
|Total Revenue (E)|
|Percentage of Cost Recovered (D/E)|