CA Inter doubt
Can someone explain me constant gross margin percentage of joint cost allocation?
Asked by Ritik30 Aug 2024380 views
2 answers
Ritik · 30 Aug 2024
So my question is whether closing stock shall be considered to calculate gross profit
Riddhi · 30 Aug 2024
You have to find out profit percentage of company by deducting every cost from sales and that profit percentage will apply on the whole company
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