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Calculation of % of material consumption

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 September 2012 Dear sir,

can I know the calculation of % of material consumption.
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CA Lokesh Pokharna

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CA Lokesh Pokharna (Expert)
28 September 2012 yes why not
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Querist : Anonymous

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Querist : Anonymous (Querist)
28 September 2012
Thank U Sir,

Please I am waiting for your valuable reply.
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CA Lokesh Pokharna

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CA Lokesh Pokharna (Expert)
28 September 2012 do you want in qty terms or value terms?
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Querist : Anonymous

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Querist : Anonymous (Querist)
28 September 2012 Qty. terms
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CA Lokesh Pokharna

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CA Lokesh Pokharna (Expert)
28 September 2012 input 1 kg

less: losses .2 kg
output .8 kg

material consumption ration 1/.8= 125%
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Querist : Anonymous

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Querist : Anonymous (Querist)
28 September 2012 Thanks But

I am not clear

what is the formula of % of material consumption if there is

opening balance of material in kgs
receipt of the materials
consumption of the material
closing balance of the material
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CA Lokesh Pokharna

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CA Lokesh Pokharna (Expert)
28 September 2012 you have to link up it to other data like dispatch, production, inward or etc..
generally consumption linked with input output..
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