Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / h.r. sreepada bhagi
COGS for a Trading Company :- Value of Opening Stock +
Landed Cost of merchandise purchased - Value of Closing Stock
COGS for a Manufacturing Company :- Value of Opening Stock +
Landed Cost of Input materials(RM,PM, Consumables)purchased
+ Production Overheads(Expenses) - Value of Closing Stock.
production Overhead refers to manufacturing expenses or cost
of conversion of Raw Materials in to Salable Products.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
sir i want know how to fill vat return
Tell me what do we mean by purchase return in accounting?
How the Depreciation will calculate in Company?
Do you know in accounting, vat abbreviates what?
What do you mean by ledger posting?
examole of cash to cash contra entry
on what rate depreciation will be calculated?
In the absence of any provision in the partnership agreement, profits and losses are shared (a) In the ratio of capitals. (b) Equally. (c) In the ratio of loans given by them to the partnership firm. (d) None of the above.
Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.
As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?
Tell me do you have any professional experience of this field?
Do you know what is project implementation?
What is general ledger account?
In the balance sheet, where do you show tds?
What qualifications have you achieved?
