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Product costing

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 March 2012 I want to know for product coting how we deal with machinery purchased? how we consider capital cost while product costing?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
15 March 2012 Capital cost will be treated as fixed asset. if the machinery only producing the particular product only.the the depreciation of the machinery will be allocated in to product cost

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