powered by logo

Forums

flexible budget

Costing

answered on 14-Mar-22 19:35

what if the quz doesnt mention the increase or decrease in fixed costs for differnt level of activities. should we take same or ??

latest answer

Same.

Devi Kiran

Devi Kiran

CA Inter

0

1

496

AS 13

Accountancy

answered on 15-Mar-22 11:19

Pls explain the statement marked in the image.

latest answer

Ok mam.

Sibi Srinivasan

Sibi Srinivasan

CA Final

22K+

4

468

Presentation

Exams

answered on 15-Mar-22 10:54

Can we write short forms eg: Employee Compensation Expense as ECE after givng note regard this?

latest answer

Yes, if mentioned clearly in the answer in the beginning

Subash Chandrabose

Subash Chandrabose

CA Final

32K+

1

679

absorption of fixed overheads

Costing

answered on 19-Mar-22 11:19

fixed overheads absorbed on the basis of normal production capacity. My question is ,How to absorb fixed overheads if a factory uses Machine hour rate or labour hour rate as absorption method? In my view they don't need to consider normal production or output capacity, as this is irrelevant, they'll have to absorb on the basis of effective machine hour rate or effective labor rate. Is this understanding correct?

latest answer

If a factory absorbs fixed overheads using machine hour rates, machine hour rates would be computed based on normal production only.

Mansha Tutlani

Mansha Tutlani

CA Final

555

3

498

Lifting of corporate veil

Corporate & Other Laws

answered on 14-Mar-22 18:03

Is this concept removed from law in May 2022 amendments??

latest answer

TQ u sir

Priyanka R

Priyanka R

CA Final

20K+

2

462

Rotation of Auditors

Auditing

answered on 15-Mar-22 10:20

Whether rotation of auditors provision applicable to government company?

latest answer

Existing auditors that is Same auditor or firm of auditors can be appointed as auditor in next AGM subject to rotation conditions. when an auditor completes 1 term of 5 years or a firm completes 2 terms of 5 years, then existing auditors will not be appointed.

Divya Sri Vemavarapu

Divya Sri Vemavarapu

CA Final

15K+

3

469

Maximum Marginal Rate

Direct Taxation

answered on 14-Mar-22 21:56

Highest Rate 30% (30) Surcharge 37% (11.10) HEC 4% (1.64) MMR = 42.74 How are the values 30, 11.10 & 1.64 derived?

latest answer

Highest slab rate + surcharge + health and educational cess

Swetha S

Swetha S

CA Inter

15K+

3

592

Income from salary

Direct Taxation

answered on 22-Mar-22 07:40

Sir how to treat travelling allowance below the 2 questions

latest answer

Mr.Malesh Thanks

Hemanth kumar Kumar

Hemanth kumar Kumar

CA Final

750

3

822

Doubt

Accountancy

answered on 16-Mar-22 09:03

In this question , have they made an assumption that balance deposits are secured by tangible assets...?

latest answer

Ok sir

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

3K+

4

449

Contract Act

Corporate & Other Laws

answered on 14-Mar-22 16:59

1)When is an agreement between husband and wife,husband agreed to give a necklace if she passed her exam.then they made written agreement. Is fulfilling conditions of contract? 2)Balfour vs Balfour If they made written agreement,then the husband is liable to pay the amount to his wife?

latest answer

If they made written agreement and it is registered under law, then the husband is liable to pay the amount to his wife

mcmuhammadthaha mcthaha

mcmuhammadthaha mcthaha

CA Final

0

5

537