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Cost accounting system
Costing
answered on 31-Oct-23 08:09
Here , company having a normal production capacity of 60000 units In b point indirect expenses are absorbed on the basis of normal production capacity means ?
latest answer
Variable overheads are always charged at actuals. Absorption is only for fixed overheads. In this question ICAI has assumed that fixed selling overheads are also for normal production capacity.. the assumption is it will sell whatever it produces
Aishwarya Bogadhi
CA Inter
★ 0
4
206
Process costing
Costing
answered on 26-Oct-23 11:15
Can anyone explain how the units of labour 900and 125 units in equivalent units ?
latest answer
125 is taken as 100 for being degree of completion is given 80% so 125 * 80% is equal to 100 units
Ujwal Reddy
CA Inter
★ 7K+
2
131
Cost accounting system
Costing
answered on 24-Oct-23 15:16
Reconciliation problems Is there any tricks to solve easily Reconciliation problems
latest answer
Yes
Sri ram Pothineni
CA Inter
★ 11K+
5
164
Process costing
Costing
answered on 23-Oct-23 08:41
board book illustration 6th sum Here in indigo learn class video Process 2 A/C closing stock is valued at weighed avg type Finished stock A/C closing stock valued at Fifo type Kindly reply
latest answer
Thank you 👍
Sri ram Pothineni
CA Inter
★ 11K+
6
310
In employee cost effective hourly rate
Costing
answered on 20-Oct-23 13:36
While caluclating effective hours worked,whether we have to deduct normal idle time hours or total idle time hours to deduct from actual hours available to work
latest answer
Normal idle hours and leaves should be deducted in short only normal and not abnormal
OMKAR REDDY
CA Inter
★ 6K+
1
137
Material
Costing
answered on 20-Oct-23 13:38
Here why carrying cost percentage 10% taken on ₹228 Actually carrying cost should be applies on avg inventory value How to find average inventory value And why especially in this problem it's taken on 228 My brain is freezing I don't know the concept of what?
latest answer
Average investment is nothing but amount invested to buy those gloves that is purchase price
SAI AKASH GORU
CA Inter
★ 740
4
131
Job costing
Costing
answered on 20-Oct-23 14:04
Job costing as per new syllabus illustration 7 How to calculate set-up cost in (i) please help
latest answer
First no of set up should be found which is annual demand divided by production batch size that is from 4,000 till 10,000 and then it should be multiplied with set up cost per set up of , for example batch size of 4000 , 50000/4000 which is 12.5and set up cost =12.5*100=1,250
Atiya Shaikh
CA Inter
★ 16K+
1
135
illus 2 in job costing of new syllabus pg no . 9.10
Costing
answered on 19-Oct-23 16:43
why 33.33% for expenses cost of 40 is added to 120 in question
latest answer
Pls share the question
Vignesh .Y
CA Inter
★ 440
1
122
Pls provide compilation pyq rtp mtp
Costing
answered on 18-Oct-23 19:33
intro to cost managemnt, ABC, service costing, standard costing, marginal costing, budged and budgetary control
latest answer
It will not be available
Vignesh .Y
CA Inter
★ 440
7
183
Set up cost
Costing
answered on 18-Oct-23 10:06
So the set up cost is 88 at both the times or for it is 176 for 20000 units?
latest answer
If nothing is given regarding set up, assume that machine set up is required only 1 time for any number of quantity.
Sugam SM
CA Final
★ 9K+
1
139