Answer / kamal

Price Rate is MRP for a product.
Cost Rate is that for a mfg a prduct how much amount is exp
the same amount is cost rate for a co.
In cost Rate included :- Labour cost, Raw Material cost &
MFG cost.

Answer / venkat rajesh m

price= cost+profit
price is the combination of both cost of production/manufacturing & profit.

cost=fixed cost+variable cost
cost deals with fixed cost like(labour cost) & variable cost(raw material cost)

i.e price={fixed cost+variable cost}+ profit

what is zero base budgeting

4 Answers   Capital IQ,

---

What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books

0 Answers  

---

What will be the journal entry of provision for income tax in the financial year .

22 Answers   Genpact, VSR Ventures, YEA,

---

what is difference between cash and profit?, and why netprofit comes under capital account?

3 Answers   ITC Infotech, Rolls Royce,

---

Expand----------ITR

1 Answers  

---

how to do journal???

2 Answers  

---

What is Deposit Clearing House ?

1 Answers   Capital IQ,

---

What is the three rules of Account & what is debit and credit

8 Answers   CA,

---

Let me know the situation when is a transaction affects one side of accounting equation

1 Answers   ACS,

---

hedge fund, hedging

2 Answers   RRDonnelley,

---

Expand ------PASA

1 Answers  

---

Instalation chrges on machinery debited to repairs and maintenance a/c.is it correct,if not correct write the rectification entry

5 Answers  

---