Standard costing

answered on 30-Jan-24 18:15

Steps please for these standard costing sum

latest answer

last screen shot to verify

Kishore Kumar

CA Inter

★ 930

4

136

ILLUSTRATION 15 { PAGE 3.51 ISM }

answered on 29-Jan-24 21:37

Sir, here why do we subtract only 15000 hours as unproductive hours and not 1,15,000 hours?

latest answer

Ok. Got it Thank you so much :)

Amirtha Kannan

CA Inter

★ 295

2

117

Valuation of inventories

answered on 26-Jan-24 08:55

Product= Fuel. As per AS 9 valuation of material (is based of cost )in any methods we use be it FIFO and WAM . In case of fuel ⛽ the valuation is done based on recent prices so that denotes the product value is according to LIFO. How it will justify the AS 9. Can yu explain sir?

latest answer

Thank you sir.

Raja Lakshmi

CA Inter

★ 5K+

2

139

Material costing

answered on 01-Feb-24 14:07

Explain this question why they are not using the formula purchase Cost + ordering cost + carrying cost??

latest answer

Ok

Devisree

CMA Inter

★ 0

6

130

Material costing

answered on 01-Feb-24 14:07

Why for computation of annual demand, average monthly market demand is not considered??

latest answer

Ok thank you

Devisree

CMA Inter

★ 0

7

136

Material costing

answered on 27-Jan-24 09:59

Here order quantity is 25 kgs how explain??

latest answer

Cost of additional drums is given for every 25kgs in the question

Devisree

CMA Inter

★ 0

1

107

Material cost

answered on 29-Jan-24 21:06

In illustration 16 what we are finding as best quantity to order is the economic order quantity?? Why we are not using the formula??how for the first less than 250 ordering quantity is 200 ??

latest answer

We cannot use the formula because the rates are changing based on qty. 200 is just an assumption. You can take any qty below 250

Devisree

CMA Inter

★ 0

1

98

Joint product and buy product

answered on 23-Jan-24 09:45

In this the apportionment of joint cost has to be done after considering wastage or without considering wastage coz in video Sir didn't consider wastage but in book answer wastage is considered.Which one is correct?

latest answer

Don,t consider the wastage. We will update the notes. Thankyou for bringing the error to us.

Lavi Lavanya

CA Inter

★ 6K+

1

95

I have passed ca inter group2

answered on 14-Jan-24 10:33

How many papers I have to write whether costing have to write

latest answer

Law, Tax & Costing ...

OMKAR REDDY

CA Inter

★ 6K+

1

108

Ca inter Papers to be written in may 2024

answered on 13-Jan-24 17:00

I have cleared ca inter group 2 and not ca inter group 1.....what papers should I need to write for may 2024 exams....and What is the passing criteria for me in my may 2024 exams

latest answer

🤦‍♂️

Aishwarya Yuvarajan

CA Inter

★ 380

4

165