Calculation of % of material consumption

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Querist : Anonymous

Querist : Anonymous (Querist)

28 September 2012 Dear sir,

can I know the calculation of % of material consumption.

CA Lokesh Pokharna

CA Lokesh Pokharna (Expert)
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28 September 2012 yes why not

Querist : Anonymous

Querist : Anonymous (Querist)

28 September 2012
Thank U Sir,

Please I am waiting for your valuable reply.

CA Lokesh Pokharna

CA Lokesh Pokharna (Expert)
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28 September 2012 do you want in qty terms or value terms?

Querist : Anonymous

Querist : Anonymous (Querist)

28 September 2012 Qty. terms

CA Lokesh Pokharna

CA Lokesh Pokharna (Expert)
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28 September 2012 input 1 kg

less: losses .2 kg
output .8 kg

material consumption ration 1/.8= 125%

Querist : Anonymous

Querist : Anonymous (Querist)

28 September 2012 Thanks But

I am not clear

what is the formula of % of material consumption if there is

opening balance of material in kgs
receipt of the materials
consumption of the material
closing balance of the material

CA Lokesh Pokharna

CA Lokesh Pokharna (Expert)
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28 September 2012 you have to link up it to other data like dispatch, production, inward or etc..
generally consumption linked with input output..

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