relating to COP
This query is : Resolved
Vishnu Agarwal
(Querist)
14 August 2008
what is the meaning of COST OF PRODUCTION?
what is the meaning of COST OF PRODUCTION?
Vishnu Agarwal
(Querist)
14 August 2008
REPLY AS EARLY AS POSSIBLE
REPLY AS EARLY AS POSSIBLE
14 August 2008
COP= PURCHASES + OTHER DIRECT COST+OPENING STOCK-CLOSING STOCK
Vishnu Agarwal
(Querist)
14 August 2008
I ALSO ASKING MEANING OF IT.
I ALSO ASKING MEANING OF IT.
Vishnu Agarwal
(Querist)
14 August 2008
BUT THANX FOR WHATEVER U TOLD.
BUT THANX FOR WHATEVER U TOLD.
CA.Tarun Maheshwari
(Expert)
14 August 2008
Cost of Production means the the directly attributable cost which were incurred is producing the goods. The indirect costs are not considered for this purpose. Value of opening stock and closing stock is adjusted in to purchase for calculating the cost of material consumed. In other way it can be said that cost of production = Value of Materials consumed + Other Direct Costs
Vishnu Agarwal
(Querist)
17 August 2008
thnax
thnax
Vishnu Agarwal
(Querist)
17 August 2008
Thanx a lot
Thanx a lot
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