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Material consumed Ratio

Cost Accounts 782 views 3 replies

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

Replies (3)
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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