17 June 2013
we have manufacturing concern i want one help regarding notes to accounts. how to calculate. 1.yield of finished products 2.percentage of yield 3.shortage /excess
The input quantity of raw material is 100 kgs and the out put qty of finished goods is 80 kgs then the yield percentage is 80%.
For each manufacturing concern there will be standard yield ratios in continuation of the above if the standard yield is 80% how ever we got the production only 70 kgs then there is is a shortage of 10 kgs.