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How do we arrive raw material consumption?

Raw Materials Accounting Consumption
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Question added by varadharajan ranagaswamy , Accountant , Schneider Electric FZE
Date Posted: 2013/07/30
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Hadi Husaini
by Hadi Husaini , Senior Manager - Indirect Taxation , Biological E Ltd

Is there anything given.
Example:1.
Opening Raw Material2.
Raw Material Purchased3.
Closing Raw Material Consumption would be =1 +2 -3 , there are some details such as process equiavalence but i think this should suffice for now

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