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 | |
| £ | |
| 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 | |
|---|---|
| £ |
| 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 |
