Consider the following about cost sheet
1. A cost sheet is a statement that shows the various components of total cost for a product and shows previous data for comparison.
2. A cost sheet document can be prepared either by using historical cost or by referring to estimated costs.
3. Cost Sheet helps in cost comparison and cost control.
4. It ensures efficient decision making.
1
1, 2, 3 and 4
2
1 and 3
3
2, 3 and 4
4
1 and 4