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Budgetary costing
Costing
answered on 08-May-22 20:26
Practical question 5 icai The variable overhead for 2021-22 How will it be 112500 in total
latest answer
multiply the % given with direct wages expenses and take that as the amount
mani charan
CA Final
★ 3K+
29
497
Negotiable instruments
Corporate & Other Laws
answered on 08-May-22 07:40
If b fraudulently forges signature of A in his cheque book and encashes it in the bank of A. Then can A sue the bank ?
latest answer
Thank you for ur time.
Gokul Nath
CA Inter
★ 605
12
498
Cfs
Accountancy
answered on 09-May-22 17:22
Can any one explain this whole sum and answer for this sum I didn't understood ans given in icai I want clarification about whole sum plss
latest answer
Yes
Pandusml V
CA Final
★ 4K+
3
494
Budget costing
Costing
answered on 08-May-22 07:10
Pls explain the terms used in the question Illu 7 icai
latest answer
Yes . Standard hours 7000..actual hrs 6000.actual hours expected to be worked (budgeted hours)6400 hrs. For producing a certain quantity of output it takes 7000hrs..but workers taken 6000 hrs..so it's result in favourable efficiency variance. When 40employed it takes ...6400hrs (estimated by calculations)budgeted hours. Actual the 40workers has taken taken only 6000 hours to produce such output ..this will be unfavourable in case of budgeted capacity ...(i.e.underutilization of capacity) Efficiency variance is favourable when worked hrs is less than std (less time consumption)..eg...no.of time taken to complete exam ...SH 3hrs- AH 2.30hrs =30min(f) Capacity variance is favourable when Worked hours is more than budgeted...hrs.. (i.e. u planning to study for 12 hrs in a day..(budgeted hours).. actually studied for 10hrs...2hrs(a)..is underutilization of capacity..
mani charan
CA Final
★ 3K+
8
549
BPA
Information Systems
answered on 07-May-22 19:03
What is the meaning of last limitations
latest answer
Manipulation regarding the selection of accounting estimate,like depreciation, provisions, reserves etc, Management may choose to inflate or deflate the profit
Sumita Shah
CA Inter
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1
446
Mcq
Direct Taxation
answered on 08-May-22 18:57
Can anyone say me the answer and its reason please.
latest answer
Thank you
Umayal Lakshmanan
CA Final
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10
542
Labour costing
Costing
answered on 08-May-22 20:35
Can any one explain equivalent manual labour turnover rate with an example
latest answer
An â??employee turnover rateâ?? refers to the percentage of employees who leave an organization during a certain period of time. i.e (divide the number of employees who left by your average number of employees and multiply by 100) If the period is less than year then compute turnover for period and then compute equivalent employee turnover = (Employee turnover / relevant period ) x 365.or 12 months If employee turnover is given for 2 months as 4% then equivalent employee turnvoer rate = 4/2*12 = 24% If
Subramanyam N
CA Inter
★ 6K+
1
587
Deductions
Indirect Taxation
answered on 08-May-22 19:27
Sir any questions on sec 80ccd(2)
latest answer
Ok thank you
Pandusml V
CA Final
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4
553
Redemption of debentures
Accountancy
answered on 07-May-22 17:52
Is illustration 11 RTP question, because it is not available in material (indigo mat and icai mat)
latest answer
Thanks for highlighting. We will move it to the correct chapter.
SUMANTH MANNAVA
CA Inter
★ 5K+
2
428
Mcq
Strategic Management
answered on 08-May-22 19:38
Ques:3,22,23,24 Explain. Plz
latest answer
Since all three are at maturity phase - firm will look at newer products - hence diversification is appropriate.
Sathiya Bama
CA Final
★ 24K+
15
604