Job costing statement
Sometimes businesses need to calculate the cost of completing an individual job or task.
For example, a painter and decorator would need to work out how much it will cost them to complete a job so they know how much to charge the customer to make a profit.
An example of a job costing statement is shown below:
Job cost statement for decorating No 147 | |
拢 | |
Cost of paint/supplies for job | 350 |
Wages of decorator | 100 |
Hire of ladders | 50 |
Total cost | 410 |
Profit | 90 |
Customer price | 500 |
Job cost statement for decorating No 147 | |
---|---|
拢 |
Job cost statement for decorating No 147 | Cost of paint/supplies for job |
---|---|
350 |
Job cost statement for decorating No 147 | Wages of decorator |
---|---|
100 |
Job cost statement for decorating No 147 | Hire of ladders |
---|---|
50 |
Job cost statement for decorating No 147 | Total cost |
---|---|
410 |
Job cost statement for decorating No 147 | Profit |
---|---|
90 |
Job cost statement for decorating No 147 | Customer price |
---|---|
500 |