How To Calculate no of goods consumed in "NPO " - Accountancy - Accounting for Not-for-Profit Organisation

Question

How To Calculate no of goods consumed in "NPO
"

Manisha Arora · Accepted Answer

There is no calculation required for “Number of goods
consumed” However, Cost of Goods Consumed is to be calculated
for Foodstuff, Medicines, Sports Material and Equipments etc The
formula for calculation of Cost of Consumable Goods is as
follows:
Opening Stock of Consumable Goods (shown in the Opening Balance
Sheet)
Add: Purchases during the year
Less: Closing stock of Consumable Goods (Shown in the Closing
Balance Sheet)
Cost of Consumable Goods (to be shown in the Expenditure
side of Income and Expenditure A/c)

How To Calculate no. of goods consumed in "NPO "

How To Calculate no. of goods consumed in "NPO

"