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Doubt in AS 2

Accountancy

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

Raviteja Kusumanchi

Qualified CA

★ 42K+

21-Feb-20 14:42

706

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

Qualified CA

★ 42K+

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

Qualified CA

★ 42K+

21-Feb-20 20:52