relating to COP

This query is : Resolved 

14 August 2008



what is the meaning of COST OF PRODUCTION?

14 August 2008
REPLY AS EARLY AS POSSIBLE

14 August 2008 COP= PURCHASES + OTHER DIRECT COST+OPENING STOCK-CLOSING STOCK

14 August 2008


I ALSO ASKING MEANING OF IT.

14 August 2008


BUT THANX FOR WHATEVER U TOLD.

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

17 August 2008



thnax

17 August 2008


Thanx a lot


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