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Costing jit
How to calculate carrying cost??And is there any formula for that??
Replies (3)
carrying cost is always given in question either on amount or on %tage of price
there is no separate formula for carrying cost but there is formula for total carrying + storage cost
I.e., √2AOC
there is no separate formula for carrying cost but there is formula for total carrying + storage cost
I.e., √2AOC
But in JIT it is calculated on Avg stock ie, Op+Cl/2
that is specific case
I said in general
I said in general
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