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Raw material consumption in percent

Others 578 views 5 replies

We are caluculating raw material consumption by opening stock + purchase - closing stock but how to conver it into percentage?

Replies (5)
Divide it by amount of finished goods produced during the year.

So we have to calculate the cost of goods consumed divided by finished goods of end of the month into 100?

Yes...

Thank you so much sir

Welcome 😃


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