Costing of a product
This query is : Resolved
09 May 2015
In FMCG industry, many companies purchase from 3rd party and also manufacture same products at their units. In such case, should we treat the product as purchased finished goods as shown in cost sheet as per CRA-1 or costing standard or treat them as trading goods.
CMA Ramesh Krishnan
(Expert)
10 May 2015
It need to be treated as Trading goods. FG only the products manufactured by the client not from outside purchase
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