Raw Material Holding period in Seasonal Industry like rice mill
This query is : Resolved
Chaitanyaa
(Querist)
22 September 2022
Raw material Holding period( In days) is Avg Raw Material/ Ram material Consumption per day.
My query is related to denominator. In case of a rice mill which runs for 225 day in a year, so in denominator while calculating Raw material Consumption per day, whether 225 or 365 will be divided from annual raw material consumption for arriving at Raw Material Consumption Per day.?
Regards
My query is related to denominator. In case of a rice mill which runs for 225 day in a year, so in denominator while calculating Raw material Consumption per day, whether 225 or 365 will be divided from annual raw material consumption for arriving at Raw Material Consumption Per day.?
Regards
CA R SEETHARAMAN
(Expert)
22 September 2022
225 will be divided from annual raw material consumption for arriving at Raw Material Consumption Per day.
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