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234C
Direct Taxation
answered on 04-Aug-22 15:58
Suppose... Total tax liab hai = â?¹5,00,000 15th June taak Adv tax bharna hai = â?¹75,000 Bande ne â?¹50,000 advance tax deposit kiya. Then 15th July ko baaki â?¹15,000 bhardiya. To interest banega = â?¹15,000 Ã? 1% Ã? 2 months = â?¹300 right? Or agar due date miss kardiya to 3 months hi lena padega?
latest answer
Ok sir... Thank you
Rick Y
CA Final
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16
823
Mtp RTP qn papers?
Exams
answered on 04-Aug-22 13:49
If i want to practice RTP and mtps From this app Can anyone tell me from which year to which year Rtps and Mtps i should go through the questions.
latest answer
Thanks to both of you
Balachandar S
CA Inter
★ 59K+
3
711
Answer with explanation
Accountancy
answered on 03-Aug-22 22:56
Rectify
latest answer
credit supplier A/C by Rs.500 to reverse the wrong effect of debiting instead of crediting
Priyamvatha Parthasarathy
CA Foundation
★ 5K+
3
507
CA Inter Nov 2022 attempt
Others
answered on 05-Aug-22 14:29
How can we apply for Nov 2022 attempt now.. I couldn't see apply option in the exam site!
latest answer
It will open from 10 th August
R M
ACCA Professional
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5
574
Ammendment
Direct Taxation
answered on 03-Aug-22 21:50
Sir may 2022 ammendments are applicable to nov 22???
latest answer
No.There are some amendments
Nivetharaman Raman
CA Foundation
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10
605
Cma articleship
Others
answered on 05-Aug-22 16:25
What will be the duration of CMA articleship?
latest answer
OK bro
Dhakshana Dhakshana
CFA L2
★ 18K+
9
702
Exams
Exams
answered on 06-Aug-22 17:20
How to apply for ca final? By ssp portal or exam portal
latest answer
thank you sir
adithya thushar
CA Final
★ 3K+
5
620
Exemption
Indirect Taxation
answered on 03-Aug-22 18:34
Incase of transportation of goods,if a single consignee paid <Rs.750 but the total carriage value exceeds Rs.1500,will still be GST applicable ?since single consignee had paid less then Rs.750
latest answer
Thank you Sir
Shankari C
CA Inter
★ 12K+
2
550
#3 Inter: Question of the day (Group 1)
Costing
answered on 04-Aug-22 11:08
A company has obtained an order to supply 48000 bearings per year from a concern. On a steady basis, it is estimated that it costs Rs. 0.20 as inventory holding cost per bearing per month and the set-up cost per run of bearing manufacture is Rs.384. Compute (i) optimum run size and number of runs for bearing manufacture. (ii)interval between two consecutive runs. (iii) extra costs to be incurred, if company adopts a policy to manufacture 8000 bearings per run as compared to optimum run Size. Note: A year is assumed to have 365 days
latest answer
Answer (i) Optimum batch size or Economic Batch Quantity (EBQ): EBQ = sqrt [(2DS)/C] = sqrt (2x48,000x384)/2.4= 3919.18 or 3,920 units Number of Optimum runs = 48,000/3,920 = 12.245 or 13 runs (ii) Interval between 2 runs (in days) = 365 days/13 = 28 days Or 365/12.24=29.82 days (iii) If 8,000 bearings are manufactures in a run: Total cost = Set-up cost + Inventory holding cost =384�?(48,000�·8,000) + (8,000/2)x2.4 = 2304+9,600 = 11,904 Extra cost = (11,904 - 9,406*) =Rs.2,498/- OR Extra cost = ` (11,904 - 9,696*) = Rs.2,208/- * Minimum Inventory Cost = Average Inventory �? Inventory Carrying Cost per unit per annum = (3,920 units/2) (0.2x12 months) = 1,960 x 2.4 = Rs.4,704 Total cost = Set-up cost + Inventory holding cost = (12.245x384) + 4704 = Rs.9,406 (approx.) OR Total cost = Set-up cost + Inventory holding cost = (13x384) + 4704 = Rs.9,696 (approx.) Opinion (if asked in question) (a) Company should run at optimum batch size i.e. 3,920 Units to make savings : Rs.2,498 or 2208. (b) Run size should match with the Economic production run of bearing manufacture. (c) Consider the costs related to setting up the production process and the costs of holding inventory to make decisions
Sudha Reddy
CA Final
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7
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AS 17
Accountancy
answered on 06-Aug-22 09:53
Whether Non cash expenses like depreciation, amortization is included in the segment result?
latest answer
If a particular item of depreciation or amortization is included in segment expense(the expense resulting from the operating activities of segment that is directly attributable to the segment ). then these expenses are included in segment result (segment result =segment revenue - segment expense )
Sri Yoga Vishwa. P
CA Final
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1
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