Notes to accounts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2013
we have manufacturing concern i want one help regarding notes to accounts.
how to calculate.
1.yield of finished products
2.percentage of yield
3.shortage /excess
how to calculate.
1.yield of finished products
2.percentage of yield
3.shortage /excess
17 June 2013
Dear Anonymous,
The yield is calculated as follows
for instance
The input quantity of raw material is 100 kgs and the out put qty of finished goods is 80 kgs then the yield percentage is 80%.
For each manufacturing concern there will be standard yield ratios in continuation of the above if the standard yield is 80% how ever we got the production only 70 kgs then there is is a shortage of 10 kgs.
I hope your doubt clarified.
The yield is calculated as follows
for instance
The input quantity of raw material is 100 kgs and the out put qty of finished goods is 80 kgs then the yield percentage is 80%.
For each manufacturing concern there will be standard yield ratios in continuation of the above if the standard yield is 80% how ever we got the production only 70 kgs then there is is a shortage of 10 kgs.
I hope your doubt clarified.
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 June 2013
k Thanx.I got it.
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
- House Property Reporting in ITR
- TDS Claim year
- Sales amount in Gstr1
- Supply through E-commerce Operators
- Rent lease agreement
- TDS Challan Code
- Relief u/s Section 89
- REGARDING SECTION 44AE
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Suggestions required for income tax filing-software (FY 2025-26)
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
