Cost accounting systems- illustration 4

Costing

How 1000 in production overhead a\c and 5000 in work in process control a\c came? And why the same is transferred to costing p&l and not c/d ?

Sri Yoga Vishwa. P

CA Final

★ 2K+

14-Sep-21 14:31

597

Answers (2)

Balancing figure

Sudha Reddy

CA Final

★ 20K+

14-Sep-21 14:43

If you simply carry forwarding these both balance you didn't able to find actual business efficiency and actual cost as well bcz here consider in costing p & l ac for knowing actual production efficiency

Mahantesh Biradar

CMA Final

★ 15K+

14-Sep-21 14:44