How to compute the exact cost?
This query is : Resolved
01 August 2012
If the composition of a particular product is as below what will be its cost:-
Raw material BasicPrice Input Vat Qty Amt
A 25 0% 1kg 25
B 60 5% 0.5kg 30
C 250 5% 0.1kg 25
The product manufactured is sold at a vat rate of 14.5%. So take the cost for charging markup we should calculate(A+B+C) WITH OR WITHOUT VAT???
Raw material BasicPrice Input Vat Qty Amt
A 25 0% 1kg 25
B 60 5% 0.5kg 30
C 250 5% 0.1kg 25
The product manufactured is sold at a vat rate of 14.5%. So take the cost for charging markup we should calculate(A+B+C) WITH OR WITHOUT VAT???
02 August 2012
I am sorry why do you need to compute EXACT cost. Please clarify... for input credit or any other reason?
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