Do this for all expenses in each category. Move your cursor down and enter the numerical value for percentage increases or decreases expected for each expense as per your contracts. Positive numbers are the amount you have saved compared to the year before. Enter a formula to add all of your category expenses together. Enter a summation formula to add all of your Category expense subtotals together.
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TasksBoard is the kanban interface for Google Tasks you've been waiting for. Paging Zefram Cochrane: Humans have figured out how to make a warp bubble. Show Comments. Hide Comments. My Profile Log out. Join Discussion. Cost control is a procedure which is beneficial for lowering expenditures and performance cost against progress of projects or manufacturing operations.
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Many people are worried over the wastage of time and hunting down beneficial organization for delivering a document inside brief day and age. Our earth shattering organization is all around proposed be specialists and made with their aptitudes and limits. Component Type - this column reflects the type of component that has been selected in column B. If the component type is "Bought-in", it means that the component is purchased from a supplier.
If the component type is "Manufactured", it means that the component is an intermediate product which needs to be manufactured. Bought-In Price - if the component is a bought-in stock item, the purchase price of the component that is entered on the StockCode sheet will be included in this column. If the component is a manufactured stock item, the bought-in price will be nil and the component cost will be based on the calculations in the intermediate columns.
Bought-In Cost - the bought-in cost of components is calculated by multiplying the bought-in price of the component by the input quantity in column C and dividing the result by the yield in column D.
Intermed Comp Cost - if the component that is selected in column B is a manufactured product, the component cost in this column is determined based on the product cost of the intermediate product which is calculated in column O.
Note that the component cost is calculated as the sum of all the product costs of components that are linked to the intermediate product on the BOM sheet. If the component is a bought-in product, the intermediate component cost of the product will be nil. Intermed Prod Cost - the intermediate product costs of components are calculated by multiplying the intermediate component cost of the component by the input quantity in column C and dividing the result by the yield in column D.
Product Cost - if the component is a bought-in product, the component product cost will be equal to the component bought-in cost.
If the component is an intermediate product, the component cost will be equal to the intermediate product cost. 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. Bought-In WI Price - if the component is a bought-in stock item, the what-if price of the component that is entered on the StockCode sheet will be included in this column.
If the component is a manufactured stock item, the bought-in what-if price will be nil and the component what-if cost will be based on the calculations in the intermediate columns. Bought-In WI Cost - the bought-in what-if cost of components is calculated by multiplying the bought-in what-if price of the component by the input quantity in column C and dividing the result by the yield in column D.
Note that the what-if component cost is calculated as the sum of all the what-if costs of components that are linked to the intermediate product on the BOM sheet. If the component is a bought-in product, the what-if intermediate component cost of the product will be nil. What-If Cost - if the component is a bought-in product, the component what-if cost will be equal to the component bought-in what-if cost.
If the component is an intermediate product, the component cost will be equal to the intermediate what-if cost. Note that the what-if cost of the manufactured product that has been selected in column A will equal the sum of all the component what-if costs that are calculated for the particular product in this column.
Level1 Forecast - the stock quantities of all bought-in and intermediate products that are required in order to produce the forecasted finished product quantities that have been entered on the Forecast sheet are calculated in this column. Note that only the components that are directly included in the finished product bills of material will reflect quantities in this column. Level2 Forecast - the stock quantities of all bought-in and intermediate products that are required in order to produce the Level1 Forecast quantities that have been calculated in the previous column will be included in this column.
Note that only the intermediate product quantities that are included in the previous column will have an effect on the calculations in this column because bought-in items contain no components. Level3 Forecast - the stock quantities of all bought-in and intermediate products that are required in order to produce the Level2 Forecast quantities that have been calculated in the previous column will be included in this column.
Level4 Forecast - the stock quantities of all bought-in and intermediate products that are required in order to produce the Level3 Forecast quantities that have been calculated in the previous column will be included in this column.
Level5 Forecast - the stock quantities of all bought-in and intermediate products that are required in order to produce the Level4 Forecast quantities that have been calculated in the previous column will be included in this column. Level6 Forecast - the stock quantities of all bought-in and intermediate products that are required in order to produce the Level5 Forecast quantities that have been calculated in the previous column 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. These stock codes should be seen as cost centre codes instead of stock codes which are represented by physical stock on hand. The appropriate labour pay rates or overhead allocation rates should be entered in the Purchase Price column on the StockCode sheet and the appropriate production times should be entered in the Input Quantity column on the BOM sheet.
Example: A beef burger is manufactured in a kitchen that consists of 3 staff members. You can create multiple labour stock codes on the StockCode sheet if there are different labour rates for different staff members.
All the applicable labour stock codes then need to be added separately on the BOM sheet. Additional stock codes do not need to be created if only the production time input quantity differs between products because different production times can be accommodated by entering different input quantities for each product on the BOM sheet.
It is only when the labour pay rates differ that separate stock codes are required. Example: Direct overheads or distribution costs can also be added to the product costings by creating a stock code for each type of overhead.
The Costing sheet can be used to review individual product costings. All the calculations on this sheet are automated and the only user input that is required is selecting the appropriate stock code of the manufactured stock item from the list box in cell A4.
The component product costs and what-if costs are calculated in column O and T on the BOM sheet based on the purchase prices and what-if prices that are entered in column D and E on the StockCode sheet.
The components that are included in the product costing are based on the components that have been linked to the manufactured product on the BOM sheet and the component input quantities and yields are also entered on the BOM sheet.
The Costing sheet also includes calculations of the total product cost of the manufactured product cell H4 , the total what-if cost of the manufactured product cell J4 , the cost variance between the total product cost and the total what-if cost cell K4 , the product cost of each component column H , the what-if cost of each component column J , the component cost percentage in relation to the total product cost of the manufactured product column I and the difference between the product costs and what-if costs of each component column K.
Refer to the What-If Costs section of these instructions for more guidance on the what-if cost calculations. Note: The Costing sheet can accommodate a maximum number of 30 components per manufactured product. If you therefore link more than 30 components to a manufactured product on the BOM sheet, all the components will not be included on the product costing and the costing will therefore not be accurate.
Note: The total product cost in cell H4 on the Costing sheet is the same as the product cost of the manufactured stock item that is included in column H on the StockCode sheet. The Costing sheet can therefore be used to view a detailed breakdown of all the cost components that are included in the product cost of any manufactured stock item. Note: Bought-in stock items are purchased from suppliers and should therefore not contain any components. As we've mentioned before, all stock items that are not linked to components on the BOM sheet are classified as bought-in stock items.
If you select a bought-in stock item from the list box in cell A4, no stock components or costs are therefore listed on the Costing sheet and the stock type in cell C4 is highlighted in orange. If the stock code that you selected is supposed to be a manufactured stock item, the fact that it is classified as a bought-in stock item means that no components have been linked to the stock item on the BOM sheet. Note: If you duplicate a stock component that is already linked to a particular manufactured product on the BOM sheet, the stock component will be also be duplicated on the product costing and result in an inaccurate product cost calculation.
We have therefore implemented conditional formatting on the Costing sheet in order to highlight all duplicated components in orange in column I. If an orange cell background is displayed in any cell in column I, the appropriate component needs to be deleted from the BOM sheet in order to correct the duplication.
We recommend sorting the BOM sheet by the product stock code in column A and the component stock code in column B in order to make it easier to find the duplicate entries. The what-if cost features have been added to the template to enable users to measure the effect that component price fluctuations have on the product costings of manufactured stock items.
The component purchase prices that need to be analysed should be entered in column E on the StockCode sheet. All other what-if cost calculations are updated automatically. Note: What-if costs should only be entered for bought-in stock items items that are purchased from suppliers. If you enter a what-if cost for a manufactured stock item, the cost will have no effect on the template calculations.
The what-if costs are calculated and included in the what-if costings based on the what-if purchase price that is specified in column E on the StockCode sheet and the component input quantities and yields that are specified on the BOM sheet the same input quantities and yields that are used in the product costings. The what-if component costs are calculated in column T on the BOM sheet, included in column J on the Costing sheet and the total what-if cost of the manufactured product that is selected from the list box in cell A4 on the Costing sheet is calculated in cell J4.
The component what-if costs and the total what-if cost of the manufactured stock item are also compared to the appropriate product costs on the Costing sheet. As we mentioned before, the what-if cost features can be used to analyse the effect that component price fluctuations have on product costings.
We recommend that you start this cost comparison exercise by copying the purchase prices of all bought-in stock items from column D on the StockCode sheet to column E on the StockCode sheet.
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