How to calculate finished goods produced
This query is : Resolved
shaileshwar parab
(Querist)
06 November 2012
Sir/Madam
I have a doubt in my mind about calculation of Finished Goods Produced . I want this calculation for 3CD Report .
AS per the Guidance note Given to 3CD calculation of Finished goods is given as
Mterial Consumed in production 11,919,213
Add: Stores Consumed 47,177
Wages & salaries 715,722
Electricity Charges 30,910
Transportation charges 835
Factory Expenses 15,098
Labour charges 5,000
Cost of Finished Goods produced 12,733,955
Is this below mentioned formula for calculation of Finished goods produced is correct
Sales During the year ********
Less : Gross profit ********
Cost of goods sold ********
Add; cl. stock of finished goods ********
less: op. stock of finished goods ********
Finished goods produced During the year ********
Please Help me sir / Madam in this
I have a doubt in my mind about calculation of Finished Goods Produced . I want this calculation for 3CD Report .
AS per the Guidance note Given to 3CD calculation of Finished goods is given as
Mterial Consumed in production 11,919,213
Add: Stores Consumed 47,177
Wages & salaries 715,722
Electricity Charges 30,910
Transportation charges 835
Factory Expenses 15,098
Labour charges 5,000
Cost of Finished Goods produced 12,733,955
Is this below mentioned formula for calculation of Finished goods produced is correct
Sales During the year ********
Less : Gross profit ********
Cost of goods sold ********
Add; cl. stock of finished goods ********
less: op. stock of finished goods ********
Finished goods produced During the year ********
Please Help me sir / Madam in this
Dhirajlal Rambhia
(Expert)
10 August 2023
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- Import of Software Service.
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- GST Audit whether Govt Companies are exempt?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
