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Material cost

Costing

answered on 15-Aug-22 15:36

Illustration 13 can anybody send me the working of fifo,lifo, weighted average method my answer of three methods are coming different but they are showing same

latest answer

Please post your workings

Vishal Pangam

Vishal Pangam

CA Inter

180

7

448

LR

Maths & Stats

answered on 03-Oct-22 09:53

What must be the series for 10th question

latest answer

Option a k and p

Samarth Kshatriya

Samarth Kshatriya

CA Inter

1K+

9

596

Entry

Accountancy

answered on 13-Aug-22 11:10

Goods of the selling price rs 3300 are stolen. It is our practice to charge 10% on cost price.

latest answer

Goods lost by theft A/c Dr. 3000 To Purchases A/c 3000 3,300*100/110

Shruti ghosalkar

Shruti ghosalkar

CA Foundation

0

3

412

Date to apply for November month

Others

answered on 14-Aug-22 21:10

Is August 14 is the last date to register to CA foundation exam in November month

latest answer

It was extended to Aug 14.

Lathika

Lathika

CA Inter

6K+

9

435

LR question

Maths & Stats

answered on 30-Aug-22 15:59

I find difficulty to find relationship between these numbers so pls sort it 1) 4,9,25,48,?, 169,289,361 2) 1,1,4,8,9,?, 16,64 3) 2,3,3,5,10,13,39,?, 172,177 Suggest me answers along with reason in place is"? " For these 3 question

latest answer

Solution

Samarth Kshatriya

Samarth Kshatriya

CA Inter

1K+

2

804

Registration

Others

answered on 12-Aug-22 21:01

What is this login ID?

latest answer

Then itâ??s fine

Sugam SM

Sugam SM

CA Final

9K+

13

568

Market stabilization Scheme

Economics

answered on 12-Aug-22 21:01

Cany anyone explain this ,with an example?

latest answer

Okay

Sajeetha R

Sajeetha R

CA Final

46K+

5

772

Interpretation of Statutes

Corporate & Other Laws

answered on 13-Aug-22 11:15

Explanation should not be construed to widen the ambit of the section. What does this mean?

latest answer

The purpose of Explanation to a provision is to mainly clarify some doubts or to remove confusion or to clear any ambiguity from the provision and it doesn't have effect of expanding the scope of a provision.

Yug Bhattad

Yug Bhattad

CA Final

63K+

1

506

Plse tell IAM I correct or not

Accountancy

answered on 12-Aug-22 20:38

As per as2 valuation of inventories the measurement of cost for raw material is at cost or replacement cost which ever is lower I am a correct or not? For working progress and finished goods need a realisable value or lower of cost whichever is lower..

latest answer

If you are valuing Finished Goods at "cost" , then RM which is in the finished goods should be valued at "cost" and WIP also same should be valued at "cost" If you are valuing Finished Goods at "NRV", then RM which is in the finished goods should be valued at "Replacement cost" and WIP should be valued at NRV.

MPR Sanjay Kumar

MPR Sanjay Kumar

CA Inter

530

11

543

Doubt

Accountancy

answered on 16-Aug-22 10:24

Good of the sp rs 4000 are lost by fire and insurance co. Admitted 60% of claim. It is our practice to charge 20% on selling price.....entry for this??

latest answer

Thank u sir!!

Shruti ghosalkar

Shruti ghosalkar

CA Foundation

0

8

482