Employee costing

asked 1 hr ago

Please provide a solution to subdivision 3. My opinion is Rowen but the material answer states Halsey

latest answer

No answers yet!!

Jai Adithya

CA Inter

★ 14K+

0

5

Analysis b/w P&L of Marginal & absorption method

answered on 11-Mar-25 10:00

Sir, In analysis of the Profit & Loss statement b/w Absorption & marginal method.... the change in net profits are due to the change in the methods of valuation of inventory ?

latest answer

Welcome!!

Jashvanth.K

CA Inter

★ 10K+

3

38

Exemption

answered on 06-Mar-25 03:47

I successfully cleared my CA Intermediate Group 1 in the December 2021 attempt but had to discontinue my studies due to personal reasons. Now, I plan to resume my course and appear for the Group 2 exam in 2025. Since I have already passed Paper 4 in Group 1, do I need to retake it in Group 2?

latest answer

Fill unit 2d form

Mrudula Kizhakekattuvelikakath Sasidharan

CA Inter

★ 0

5

54

Computation of total takings

answered on 25-Feb-25 17:47

Sir in this shall we assume 234335.25 is equal to 50% and compute for 100% then we re-compute the passenger tax & profit ? Shall we do it that way ?

latest answer

Yes you can do it that way as well.

Jashvanth.K

CA Inter

★ 10K+

1

29

10% of commision

answered on 25-Feb-25 17:58

Sir what about the 10% commission on taking and we didn't add up to the salary as It is running charges why didn't we add up ? It is inclusive with salary right ?

latest answer

Oh ok sir thanks

Jashvanth.K

CA Inter

★ 10K+

2

30

Illustration 2 Material Costing

answered on 25-Feb-25 17:57

Detail explaination of how to calculate Machine set up cost @ Rs. 1200 per run for the 10001 units

latest answer

In one run, the company can manufacture 100 units. So for 10,001 units total number of runs required = 10,001/100 = 100.01. Since we cannot have .01 run, we consider the next run number i.e 101. 101 x 1200 = 121200

Reshma AR Chiranjeevi

CA Inter

★ 690

1

30

illustration 6

answered on 13-Feb-25 16:49

why are we taking contribution rather than taking actual selling price like we did in the previous question?

latest answer

Contribution is a % of sales. So if you take sales and reduce variable costs, you would reach the same contribution.

Abhaya Pillai

CA Inter

★ 0

1

21

Illus 5 - Lesson; Overheads

answered on 13-Feb-25 16:50

in illus 5 ,they have asked to calculate machine hour rate for each product a,b,c. Why have we not added the direct material and wages for calculating the hourly rate?

latest answer

The Machine Hour Rate is used to absorb factory overheads based on the number of machine hours worked. Since direct material and direct wages are not part of overheads, it is not included.

Rania D'souza

CA Inter

★ 650

1

46

Break even point

answered on 20-Jan-25 13:47

Mefttal Ltd. is currently operating at 60% of its total capacity which is 1.5 times than the previous year. The total capacity of the company is 2,00,000 units. Other information relating to the production is provided below: (i) The total cost of production for the current year is ` 59,28,000, and for the previous year, it was ` 44,72,000. (iii) No changes are anticipated in the cost structure for the upcoming years. Selling price is ` 52 per unit and is expected to remain the same in the coming years You are required to CALCULATE Break-Even Point (in units). (a) 1,20,000 units (b) 40,000 units (c) 80,000 units (d) 1,00,000 units

latest answer

Answer is D i.e 1,00,000 units. Use the concept of Semi-Variable cost to solve the problem. Variable cost per unit = Difference in total cost / Difference in level of Sales. From the above formula, you will get to know Variable cost per unit and Fixed Cost. that is Variable cost is ₹36.4 and FC is 15,60,000. Sales - Variable cost = Contribution Margin, i.e 52- 36.4 = 15.6 BEP (units) = Fixed Cost / Contribution Margin per unit, i.e 15,60,000/₹15.6 = 1,00,000 units.

Preethi S

CA Inter

★ 2K+

1

77

Process costing

answered on 20-Jan-25 15:50

Explain how 4 has arrived on this answer We have to find normal loss % of Y

latest answer

Thank you for sharing it presentably

Anitha V K

CA Inter

★ 4K+

3

76