microsoft excel job costing template

microsoft excel job costing template is a microsoft excel job costing template sample that gives infomration on microsoft excel job costing template doc. When designing microsoft excel job costing template, it is important to consider different microsoft excel job costing template format such as microsoft excel job costing template word, microsoft excel job costing template pdf. You may add related information such as construction job costing excel template, simple job costing spreadsheet, free excel construction templates, excel templates.

all the standard costs of manufactured products are calculated based on the components that have been linked to the appropriate manufactured product code on this sheet. receipt transactions are used to calculate a standard value for the manufactured products that are produced and issue transactions are used to calculate the actual cost of a job. note: standard unit prices should not be entered for manufactured products because the standard product costings of these stock items are determined based on the standard unit prices of the components that have been linked to the manufactured products on the bom sheet. when the “first” level is selected, the template will assume that intermediate products will be issued to the jobs that relate to this particular product and the standard issues should therefore also be calculated based on the use of intermediate products. if a product is classified as a bought-in stock item, the product cost equals the standard unit price which is specified in column d. if the product is classified as a manufactured product, the product cost is calculated based on the components that have been linked to the product on the bom sheet and the appropriate standard unit prices, input quantities and yields of the linked components. this column indicates which components need to be included on the jreview sheet and the status is only used in the compilation of the jreview sheet. the values in this column represent the total standard cost value of all stock component issues which are required in order to produce the receipted quantities in column p. these values are based on the input quantities and yields which have been specified on the bom sheet. if more than one manufactured product has been linked to a single job, the actual prices which are entered on the jdetails sheet for bought-in stock items are multiplied by the standard input quantities & yields in order to calculate an average actual cost which is only representative of actual price variances. the average actual cost which is calculated in this template is based on all the jobs that are included on the jsetup sheet. this is accomplished by entering the appropriate stock code of the manufactured product in column a and entering the stock code of the appropriate component in column b. multiple stock components can be added to a single manufactured product in order to create a product costing which consists of multiple stock components. a component stock code needs to be selected from the list box in column b for each component that is used in manufacturing the product which has been selected in column a. the standard cost of a manufactured product for job costing purposes is calculated based on the costs of all the components that have been linked to a manufactured product on the bom sheet. the unit of measure of the onions component is kilogram and we therefore need to calculate the input quantity of this component based on how many slices are included in a kilogram of onions.

note that the product cost of the manufactured product that has been selected in column a will be equal to the sum of all the component product costs that are calculated for the particular product in this column. if the component is a bought-in stock item, the actual unit cost of the component which is calculated in column aa on the stockcode sheet will be included in this column. for the purpose of compiling product costings, stock codes also need to be created for all labour, direct overheads and even distribution costs that need to be included in the product costings. when the template is therefore switched to the multiple mode, the estimated average costs of manufactured and intermediate products will be reflected in column aa on the stockcode sheet. enter the date on which the job is completed in this column and repeat the date if multiple manufactured products are linked to the same job. for most jobs, this value should be nil because the aim is to produce the required quantity in column d. this column contains the standard unit cost of the product which has been selected in column c. the standard unit cost is calculated based on the standard unit cost of the bought-in components as specified in column d on the stockcode sheet and the components which have been linked to the product and any intermediate products which form part of the product structure on the bom sheet. where more than one manufactured product is linked to the same job, this value will only be displayed in the first line of each job. the actual job issue value of a manufactured product which is issued on a job (therefore an intermediate product) will be calculated based on the job number to which the component has been linked (in column g). the actual costs that are entered in column e are only used to override the standard unit cost if the “yes” option is selected from the list box in this column. the standard unit cost of the stock code which has been selected in column c is included in this column. if the template is in multiple mode, the average cost which is included in this column will be based on the standard usages on the bom sheet and the actual average costs of the components which have been linked to the product on the bom sheet. the components will be listed in the same sequence as they are included on the stockcode sheet and the stock code, description and unit of measure (uom) of each of these components will be included in columns a to c. the component quantity required is calculated based on the bills of material and the required quantities which are entered for each manufactured product on the jsetup sheet. the components required for mrp purposes can be calculated by simply selecting the stock codes of the appropriate manufactured products in column a on the reqplan sheet and entering the quantities of each manufactured product on which the mrp calculation should be based in column e. note: the contents in column a to g of the reqplan sheet have been included in an excel table.

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