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Cost Sheet

Costing

answered on 30-Nov-23 03:13

Kindly provide solution for the question in the image. (CA INTER- COSTING)

latest answer

Thank you so much.

Aaratrika Mehta

Aaratrika Mehta

CA Inter

1K+

4

170

Doubt

Costing

answered on 07-Nov-23 19:42

In my COSTING exam, COST SHEET I've added insurance on Material procured to Net works cost And due to this all the requirements like prime , factory cost , COP , CGS , COS All got effected How many marks i could get ? Please say straight forward, I don't feel sad and depressed 🥹. And don't say "first concentrate on your tax exam" Please i couldn't able to continue tax without knowing this one small thing 😐.

latest answer

Yeah because of closing stock. Still 3-4 marks should be given because of correct placement of other items.

SAI AKASH GORU

SAI AKASH GORU

CA Inter

740

4

139

Cost Sheet

Costing

answered on 07-Nov-23 21:59

If i omitted one amount that belongs to Factory OH and did the remaining some correctly without any other mistakes, how many marks will i get if the question is for 10Marks. Works Cost is incorrect and therefore everything down from there is incorrect but all other amounts are placed correctly.

latest answer

In that specific question - around 6 marks.

Kriti Iyer

Kriti Iyer

CA Inter

3K+

7

157

RTP 2022- service costing

Costing

answered on 06-Nov-23 09:32

In this question shouldn't we consider the total cost units(pass.km.) after reducing the normal maintenance so that those costs are also included in the cost p.u. or such a calculation is required only while calculating recovery rates. Kindly explain. Thanks

latest answer

PFA

Aswin Chandar

Aswin Chandar

CA Inter

36K+

5

187

Process Costing

Costing

answered on 05-Nov-23 14:12

Can someone explain how that came?

latest answer

Ok thanks!

Kriti Iyer

Kriti Iyer

CA Inter

3K+

2

153

Cost sheet format doubt

Costing

answered on 05-Nov-23 15:40

Admin overhead are absorbed at 20% of factory cost..means is it production related? Will it come after net factory cost in the cost sheet format? Pls rectify

latest answer

If anything is mentioned about administrative OH either it is general or production take it as it is . If they didn't mentioned anything assume it as a general OH and write the assumption in the note point

Shruti Ganpati

Shruti Ganpati

CA Inter

250

3

139

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

Aishwarya Bogadhi

CA Inter

0

4

222

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

Ujwal Reddy

CA Inter

7K+

2

144

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

Sri ram Pothineni

CA Inter

11K+

5

173

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

Sri ram Pothineni

CA Inter

11K+

6

322

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