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.?
CAclubindia
