Material consumed Ratio

Customs authorities are asking for material consumed ratio.  Any one has idea what formula is used for material consumed Ratio? 

Replies (3)
Quick Summary
This discussion addresses a query about the 'Material Consumed Ratio' often requested by customs authorities. Participants are seeking the correct formula and calculation methods. The conversation touches upon its relation to inventory turnover and material usage variance, suggesting a structured approach to understanding this metric.

Https://www.caclubindia.com/experts/raw-material-consumed-671920.asp
Inventory turnover ratio

use material usage variance. Use three pillar format, my fav after inventory consumed ratio

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