Costing
This query is : Resolved
18 October 2011
In standard costing,when normal loss is calculated as a percentage of output. what will be the calculation procedure? example- actual output is 90 kg. and standard normal loss is 10% of total output.what will be the actual input and who it can be calculated?
CA. Ashish Bihani
(Expert)
18 October 2011
Continuing with your example,
Actual Input = 99 kg
Formula -
Actual Output + (Actual Output x 10%)
If you have any other doubt, please clarify your query.
Actual Input = 99 kg
Formula -
Actual Output + (Actual Output x 10%)
If you have any other doubt, please clarify your query.
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