Dear all,
I come across with the following point while making CMA Report form IV i.e. COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES.
Can anyone please tell me what is the interpretation of Raw material Month's consumption.
The formula is used is as follows:
Raw material Cl. Stock
Raw material Consumption/12
| A. CURRENT ASSETS | |||||||||||
| 1. | Raw materials (incl. stores & other items | ||||||||||
| used in the process of manufacture) | |||||||||||
| a. | Imported | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Month's Consumption | |||||||||||
| b. | Indigenous | 209.32 | 277.93 | 291.46 | 269.57 | 320.25 | 343.12 | 366.00 | |||
| Month's Consumption | (8.34) | (7.59) | (8.06) | (2.47) | (2.47) | (2.47) | (2.47) | ||||
CAclubindia
