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Average inventory
Costing
answered on 24-Jul-24 00:42
average inventory is not discussed in the CMA costing book. neither is the use of this to calculate carrying cost. Please inform whether it is required to be learnt this way. In the book, illustration 1, carrying cost is material cost per kg*8% = 0.16. Please explain
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Please be more specific with your query. Kindly share relevant question / solution screenshot highlighting your doubt
maria chacko
CMA Inter
★ 0
2
34
purchase cost
Costing
answered on 24-Jul-24 00:47
why is purchase cost constant in this example? why is it always 20,0000? doesn't it change based on order size?
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The question doesn't mention about any volume or turnover discount
maria chacko
CMA Inter
★ 0
1
24
Average inventory
Costing
answered on 24-Jul-24 00:46
hi. wanted to understand how the average inventory is calculated. Here is it divided by 2. Isn't it supposed to be the period during a year. For example, 10000/12 months. so the average inventory is 833 units per month?
latest answer
On the day we receive material - qty held will be order qty. Eventually the inventory will become 0. And we will place a new order. ( Basically at re order level) So avg =( qty received+ 0 )/2
maria chacko
CMA Inter
★ 0
1
24
Explanation needed
Costing
answered on 24-Jul-24 00:47
Service costing's -Aeroplane's type question explanation needed?
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Kindly share the question
07- Issac Jolly-XII C
CA Inter
★ 8K+
2
65
Material costing
Costing
answered on 24-Jul-24 05:41
Can anybody say how to solve this if its assumed that itc is available for gst and whether this stores oh will be included in material cost?
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Thank you mam
Ramya Navanitham
CA Inter
★ 75
3
53
Doubt
Costing
answered on 17-Jul-24 12:55
Will the costing class of one fin help me to pass(CA Inter)?
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Please post any subject queries that you have here, and faculty / team shall resolve them
07- Issac Jolly-XII C
CA Inter
★ 8K+
3
61
Illustration 4
Costing
answered on 14-Jul-24 19:07
In illustration 4 I understood all but the last equation, the 👉🏻how came 0.975
latest answer
1-0.025
Rasika Manjari
CA Inter
★ 0
1
47
Illustration 4
Costing
answered on 14-Jul-24 11:44
In illustration 4 I understood all but the last equation, the 👉🏻how came 0.975
latest answer
1-0.025
Rasika Manjari
CA Inter
★ 0
1
58
Overhead chapter
Costing
answered on 01-Jul-24 17:24
What does this question mean? Illustration 2 Part d Can someone explain that part please
latest answer
At what production level in % terms or in unit terms will OH recovery rate of 15 exactly recover the full overhead without any loss or gain
Ramya Navanitham
CA Inter
★ 75
1
73
Cost sheet
Costing
answered on 24-Jun-24 08:47
Is set up cost is direct expense or factory OH??
latest answer
Plant and machinery setup costs are direct expenses related to production. Inventory setup costs are indirect expenses related to managing inventory levels, so it will be factory OH
SRIHARI K U [XI-D]
CA Inter
★ 4K+
3
75