can you tell me the treatment of escalation clause in contract costing that came in may 10 PCC examination ?
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costing querry
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IT SHOULD BE CREDITED TO CONTRACT A/C. IN ADDITION TO CONTRACT PRICE.
please tell me whether the amount of escalation will be the diff betwn (act price*act qty)-(std price*act qty) or (act price*act qty)-(std price*std qty) ?
DEAR Mohit,
you can refer below mentioned MAY 10 Paper solution for ur Query...
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