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Job costing
Costing
answered on 19-Oct-20 16:16
In illustration 2 how can selling cost be taken on based of work cost ?
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K
Swathi Krishna
CA Final
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Job costing
Costing
answered on 12-Oct-20 17:44
In illustration 1 I didn't understand this entry
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Normal loss increases the cost of MAterial.
Swathi Krishna
CA Final
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Nov 19 qp
Costing
answered on 12-Oct-20 16:13
In the next year their sales will be 7000units but why have they taken new lowest price only for 2000units and not for whole 7000units.
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Ok mam
Sri Varshini
CA Inter
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Overheads
Costing
answered on 17-Oct-20 08:14
Course-Cost Accounting IPC (OLD) - Illustration 10 (With reference to Video Lecture - For Nov 2020 Exam) In the question, the Direct Labour Hour Rate is given as 15/hr as per Estimates. Actuals change the Labour hours for the week to 2400 from 3000. So does this not affect the absorption of Labour Cost if we are still following 15/hr rate?
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Same.
Karthik M
CA Inter
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5
446
Related to ordering cost and carrying cost
Costing
answered on 11-Oct-20 07:35
Sir, Handling and frieght costs are to be included in ordering cost or carrying cost??
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Ordering.
Kashish Bhagwani
CA Inter
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1
402
Employee cost
Costing
answered on 11-Oct-20 10:48
Here why they have taken 21days instead of 19days
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Ok sir
Sri Varshini
CA Inter
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431
Process costing
Costing
answered on 10-Oct-20 18:02
Why in abnormal gain it is treated as 100% complete in all cost elements irrespective of percentage completion and in abnormal loss it is treated as per percentage completion ? Plzz reply
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Thax
Swathi Krishna
CA Final
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490
Overheads
Costing
answered on 11-Oct-20 10:48
Why notional cost of building owned by the company is not taken as cost while distributing overheads to production and service department.
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Ok sir thank you
Sri Varshini
CA Inter
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6
466
Joint products and by products
Costing
answered on 06-Oct-20 17:14
What is the difference between physical unit method and average unit cost method ?
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physical units - e.g based on Kgs. Avg cost is based on amount of cost.
Swathi Krishna
CA Final
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431
Marginal Costing
Costing
answered on 11-Oct-20 18:12
In illustration 1(institute's textbook) why do we adjust the under or over absorption after the cost of goods sold ? And Also why is the selling fixed cost taken at the actuals ? (Just got confused with logics) Can u please clear the doubts w.r.t to the above two items in the absorption costing methods
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1. That is as per absorption costing principles. 2. absorption is done only for production overheads.
Swathi Krishna
CA Final
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