Dear all,
I have to make allocation of cost. Can anyone tell me on what basis allocation of cost has been done?
Whether it should be done on the basis of production or sales?
Thankx
CA SURENDRA KUMAR RAKHECHA
(Practising CA at Surat)
(26263 Points)
Replied 17 July 2010
Originally posted by : amit kanani | ||
Of course, On production basis. |
Rightly said.
For example; if there is no sale; what would you do ? Ask yourself.