I have a rolling Mill which produces TMT ROD, WE HAVE A RATIO FOR producing such goods.
BUT year end we have physically find less scrap as compared to calculated now can we transfer our scarp to finish good is it possible
3 Replies
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 17 March 2019
did you already account for the scrap before realizing that it wud be less
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 17 March 2019
how come this type of accounting procedure us followed. since scrap needs to be recorded in actuals and not estimated
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