Reconciliation chpter

answered on 02-Aug-24 09:40

If it is only written donations and subscriptions how to deal it with?

latest answer

It will be considered only in financial pnl. Will be part of reconciliation

Sukriti Gupta

CA Inter

★ 590

1

139

Re order level

answered on 04-Aug-24 18:15

How to find reorder level plz ans in this ques in detail

latest answer

Thank u sir

Sukriti Gupta

CA Inter

★ 590

4

166

Chp overheads

answered on 04-Aug-24 18:06

In 3rd party what should be the base for overhead rate??

latest answer

Production dept p is machine intensive. So Mach hrs looks appropriate. On the other hand production dept r looks labour intensive. So labour hrs

Sukriti Gupta

CA Inter

★ 590

1

115

Rounding Off

answered on 29-Jul-24 10:10

In 15/1/20 entry for issue sir rounded off to 21611 but in balance he does not round it off to 126717 but keeps it at 126716. Please explain why

latest answer

Kindly ignore such small issues. You can leave all balances at 2 decimals

Gautham

CA Inter

★ 0

1

45

Average inventory

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

latest answer

Please be more specific with your query. Kindly share relevant question / solution screenshot highlighting your doubt

maria chacko

CMA Inter

★ 0

2

114

purchase cost

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?

latest answer

The question doesn't mention about any volume or turnover discount

maria chacko

CMA Inter

★ 0

1

104

Average inventory

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

103

Explanation needed

answered on 24-Jul-24 00:47

Service costing's -Aeroplane's type question explanation needed?

latest answer

Kindly share the question

07- Issac Jolly-XII C

CA Inter

★ 16K+

2

147

Material 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?

latest answer

Thank you mam

Ramya Navanitham

CA Final

★ 75

3

126

Doubt

answered on 17-Jul-24 12:55

Will the costing class of one fin help me to pass(CA Inter)?

latest answer

Please post any subject queries that you have here, and faculty / team shall resolve them

07- Issac Jolly-XII C

CA Inter

★ 16K+

3

140