IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Doubt in AS 2

Accountancy

Is depreciation of all assets in factory always considered as fixed overhead ?

Raviteja Kusumanchi

CA Final

★ 24K+

21-Feb-20 14:42

460

Answers (4)

Yes.

CA Suraj Lakhotia

Admin

21-Feb-20 15:16

Sir what about an asset which is not used in production? For example a table used in the factory.

Thread Starter

Raviteja Kusumanchi

CA Final

★ 24K+

21-Feb-20 17:48

Thread Starter

Raviteja Kusumanchi

Sir what about an asset which is not used in production? For example a table used in the factory.

Its still a fixed overhead but not related to production.

CA Suraj Lakhotia

Admin

21-Feb-20 20:39

Okay thank you sir

Thread Starter

Raviteja Kusumanchi

CA Final

★ 24K+

21-Feb-20 20:52

Connect With Us

Sales

964-011-1110 / 913-331-0549

Support

915-491-1196

964-011-1110

support@indigolearn.com

Company

About Us

Careers

Information

Testimonials

FAQ

Terms & Conditions

CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C

IndigoLearn

Doubt in AS 2

Connect With Us

Company

Information

Courses

Course Guides

Offerings