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What is the logic of this formula

Costing

answered on 19-May-22 22:24

See image -- cost of closing stock formula Illustration 6 page 10.22

latest answer

Thank u bro

nisam M

nisam M

CA Final

23K+

3

487

Exams

Exams

answered on 18-Jul-22 15:00

Can we use last paper in answer sheet for rough work?

latest answer

Yes sure you can

bharath M

bharath M

CA Final

19K+

6

624

Investment Decisions

Financial Management

answered on 19-May-22 19:47

For the fifth sub question of this question that if entity is goin to use single cut off period for all the projects ,it is likely to accept too many short lived projects because if this happens ,then one project may have good inflow during cut off period but later there maybe negative cash flows and there maybe another project with initially low cash flow and so payback period maybe longer but later in future years there maybe good cash flows from project and therefore,entity may select a wrong project which has only short term gains and not long term gains ,is this correct?

latest answer

Yes it is right. As you said only.

pradyumna hariramani

pradyumna hariramani

CA Inter

290

6

469

Pen and gloves

Exams

answered on 19-May-22 16:18

Is it necessary to take gloves and face shield for exam.? And black pen is compulsory? Ya we can also use blue pen?

latest answer

Haa yes

Jiya T

Jiya T

CA Inter

10

5

765

RCM

Indirect Taxation

answered on 19-May-22 18:55

Service by Lending of securities under securities lending scheme of SEBI In the example stated when Mr.A is depositing in the intermediary and Mr. B is taking loan from the Intermediary what will be the consideration of intermediary. Mr.B takes loan from Intermediary but how he is directly repaying to Mr.A How does this system of lending under Securities Lending Scheme works?

latest answer

Ohkâ?¦.Thanks

Swetha S

Swetha S

CA Inter

15K+

6

518

Types of cost

Costing

answered on 19-May-22 13:15

How to identify which type of cost between unit costing and process costing Eg bricks works is it a unit costing or process costing ??????

latest answer

In process costing we can identify the cost of each process.. where is in a unit costing we may not ..

nisam M

nisam M

CA Final

23K+

2

411

Others

Accountancy

answered on 19-May-22 14:21

Sir,while we practice we present entries in form of compound entries such as two entries mix into one entry ,but the same sum in icai material is different that he is presenting in Two entries Is examiner will value If presentation of entries different but ans is crt

latest answer

No

Surya Prakash

Surya Prakash

CA Final

19K+

6

461

Exam

Costing

answered on 19-May-22 13:41

Is step mark allotted for costing exams?

latest answer

Yes

Pooja .

Pooja .

CA Final

210

5

468

overhead

Costing

answered on 19-May-22 12:02

how to do treatment of under recovery when it is for normal reason

latest answer

You can charge to the costing profit and loss a/c (when amount is nominal) or can be carry forward ( when specifically mentioned ) or use over head supplementary method ( charging to WIP , FG , COGS

Vaibhav Gupta

Vaibhav Gupta

CA Final

18K+

1

408

RCM

Indirect Taxation

answered on 19-May-22 13:03

Service provided by agent of business correspondent to business correspondent comes under RCM. If business facilitator has an agent, whether his service to business facilitator comes under RCM. (or) Being the activities of business facilitator limited their will not be an agent.

latest answer

Okayâ?¦Thanks

Swetha S

Swetha S

CA Inter

15K+

2

669