can we consider drum mixing of concrete same as batch mix or nominal mix?
Allocating the transaction price to the performance application in a contract with a customer is essential for revenue recognition. First of all, identification of the performance of obligations in the contract and determination of a transaction price is beneficial for reaching the entities TransactRead more
Allocating the transaction price to the performance application in a contract with a customer is essential for revenue recognition.
First of all, identification of the performance of obligations in the contract and determination of a transaction price is beneficial for reaching the entities
Transaction price also reflects the consideration of the entity except to receive was it meets the performance of applications in the contract.
Actually, allocation of the the transaction price is done totally based on the performance of applications in the contract.
The overall objective of allocating the transaction price is to arrive at an allocation that represents the amount of considering the entity.
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Kuldeep Singh
Yes. Of course. The method of mixing is not relevant to batching. So long as the quantities and proportions remain what they need to be, drum mixing or hand mixing, both are batch mixing. In fact, in the industry, mostly drums are used for mixing concrete because they save time and labour.
Yes. Of course. The method of mixing is not relevant to batching. So long as the quantities and proportions remain what they need to be, drum mixing or hand mixing, both are batch mixing.
In fact, in the industry, mostly drums are used for mixing concrete because they save time and labour.
See less