08-07-2006, 10:03 PM
sorry saad i jss could not find time for all this infact i wz lil bit bz.kherr...
where u talked bout more than one departments tau one departments sale is the another departments purchase like if there are three departments A,B&c.A transfer all of its finished guds to B at 20%GP and B transfers its all gud to department C on 25%GP(i hope u will b aware of general enteries i.e in case of guds transfered by a{you will debit departmentB a/c and credit Department A} as the case with others as ell.now suppose that the value of closing stock is 1500 at department C.It consist of Two Loadings one when the goods transfered by department A to department B on 20%GP and and then they were processed in Department B and then transpered at department C on 25%GP margin.Now luk and think this 1500 value of closing stock consist of two loadings one is when the orignal price of this 1500 wz transfered from A to B and then from B to C.Now u will calculate the value of loading on closing stock by....
Closing stock Value in department C=1500
Loading on Cl.st. when it waz transfered
from B to C(as department B charges 25% margin)=1500/125*25
=300
Loading on cl.st. when it waz transfered
from A to B(as departemnt A charges 20% Gp margin= ?????
now luk the stock which has the value of 1500 in department C has the value in department B is (1500-300)=1200.now u will compute the Loading on it when it wz transfered from department A-B,
Loading when the closing stock of Rs.1500 wz
transfered from A to b is =1200/120*20
=200
Thus the total loading on cl. stock
at department C will b =loading of(A-B) + loading(B-c)
=200+300
=500
I dont know dats what u wanted to ask or sumthing else but at least i tried to clear dat and i will try to tell u the one u asked bout closing and opening stock now am getting short of time jss leaving neways..bye
where u talked bout more than one departments tau one departments sale is the another departments purchase like if there are three departments A,B&c.A transfer all of its finished guds to B at 20%GP and B transfers its all gud to department C on 25%GP(i hope u will b aware of general enteries i.e in case of guds transfered by a{you will debit departmentB a/c and credit Department A} as the case with others as ell.now suppose that the value of closing stock is 1500 at department C.It consist of Two Loadings one when the goods transfered by department A to department B on 20%GP and and then they were processed in Department B and then transpered at department C on 25%GP margin.Now luk and think this 1500 value of closing stock consist of two loadings one is when the orignal price of this 1500 wz transfered from A to B and then from B to C.Now u will calculate the value of loading on closing stock by....
Closing stock Value in department C=1500
Loading on Cl.st. when it waz transfered
from B to C(as department B charges 25% margin)=1500/125*25
=300
Loading on cl.st. when it waz transfered
from A to B(as departemnt A charges 20% Gp margin= ?????
now luk the stock which has the value of 1500 in department C has the value in department B is (1500-300)=1200.now u will compute the Loading on it when it wz transfered from department A-B,
Loading when the closing stock of Rs.1500 wz
transfered from A to b is =1200/120*20
=200
Thus the total loading on cl. stock
at department C will b =loading of(A-B) + loading(B-c)
=200+300
=500
I dont know dats what u wanted to ask or sumthing else but at least i tried to clear dat and i will try to tell u the one u asked bout closing and opening stock now am getting short of time jss leaving neways..bye
