Answer Posted / abhivirthi tax and industrial
Cost price formula for manufacturing activities
Cost of Raw Materials + Inward Freight charges + Manufacturing expenses like consumables, electricity etc. + Labour charges = Cost price
Cost price formula for trading activities
Purchase value as per bill including taxes, duties and cess + inward freight charges + loading and unloading charges + other expenses if any = Cost price.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
can any one send me tally professional version link
what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?
Explain accounting 101?
Who created snapit accounting?
journal entry for goods withdrawn for personal use
What action could be taken by you and your manager to improve your performance in your current position?
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
why accounting is important in business?
What is control in accounting?
What information is included in a bill for services?
how will decide that vender payment is ok without reco
are tpt, freight & packing charges part of sales & purchase ??
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
What are the major components of country's trade account?
pass journal entry for Prepaid insurance