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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

486

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

492

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

433

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

719

Service Costing

Costing

answered on 19-May-22 10:02

Can someone list me out the semi-variable Costs in service Costing chapter

latest answer

Okay. Thanks

Be The Change

Be The Change

CA Inter

11K+

2

468

Indices

Maths & Stats

answered on 20-May-22 16:13

Indices

latest answer

You did it right

Hansika Mahadev

Hansika Mahadev

CA Inter

150

4

555

Clarification

Indirect Taxation

answered on 19-May-22 09:55

Charge of GST Sec 9(3) Notification 32/2017 Service by GTA to unregistered person & unregistered casual taxable person - GST is nil Itâ??s applicable only when GTA opts for Reverse Charge. Am I right?

latest answer

Thanks

Swetha S

Swetha S

CA Inter

15K+

2

547

About free notes

Information Systems

answered on 19-May-22 09:56

Is studying EIS material of indigo learn instead of Icai sm sufficient?

latest answer

Yes very helpful

Sneha Ramesan

Sneha Ramesan

CA Inter

0

5

524

Standard costing

Costing

answered on 20-May-22 16:58

Why we are finding the standard hour for actual hours produced in this question , what is the logic See image

latest answer

skilled workers - 32 , hours in a week - 40 so available hours for 32 workers = 32x40=1280 Total workers - 50 (32+12+6), Total hours in a week - 40 so total hours available 2000 Productive hours =1800 (given) So, for 2000 hrs available - productive 1800 hrs So for 1280 hrs - productive = (1800/2000)x 1280

nisam M

nisam M

CA Final

23K+

10

591

Process and operating costs

Costing

answered on 20-May-22 17:02

Can some one tell me what is the logic or concept of the (pls see image ) 1. Cost of closing stock 2. Transfer price Reference illustration 6 page number 10.22

latest answer

If 100 is transfer price - 20 is add on, so cost - 80 (Total cost - cost of closing stock ) = cost of goods transferred i.e. (94500-4500) so 80 -----> (94500 - 4500) 100 ---->?? so value of transferred goods = [(94500-4500)/80]x100 = 112500

nisam M

nisam M

CA Final

23K+

7

483