Is purchase itself a direct expense?
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Answer / bijender
It is not clear from your question the nature of transaction
i.e Raw Material,Packing or any other exp.If purchased mat
is used directly in manufacturing it will be treated as
direct Exp.
| Is This Answer Correct ? | 8 Yes | 0 No |
shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?
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