A job cost record forms part of a job cost system, and is used to accumulate manufacturing costs of direct materials, direct labor, and applied overhead for a particular job.
Direct materials and direct labor are actual values taken from material requisitions documents and time sheets.
Applied overhead is allocated to the job on a predetermined basis (e.g. labor hours) and rate.
The PDF file available for download below, will help you to produce your own job cost records.
Job Cost Record Template Download
The job cost record template is available for download in PDF format by following the link below.
Users use this job cost tracking template at their own risk. We make no warranty or representation as to its accuracy and we are covered by the terms of our legal disclaimer, which you are deemed to have read. This is an example of job cost sheet format that you might use. It is purely illustrative. This is not intended to reflect general standards or targets for any particular company or sector. If you do spot a mistake in the job cost template, please let us know and we will try to fix it.
About the Author
Chartered accountant Michael Brown is the founder and CEO of Plan Projections. He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a BSc from Loughborough University.