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Costing

answered on 17-Oct-20 08:14

Course-Cost Accounting IPC (OLD) - Illustration 10 (With reference to Video Lecture - For Nov 2020 Exam) In the question, the Direct Labour Hour Rate is given as 15/hr as per Estimates. Actuals change the Labour hours for the week to 2400 from 3000. So does this not affect the absorption of Labour Cost if we are still following 15/hr rate?

latest answer

Same.

Karthik M

Karthik M

CA Inter

0

5

706

Is is it necessary to remember section in va foundation

Corporate & Other Laws

answered on 11-Oct-20 20:01

Pls tell

latest answer

No. At foundation & inter level not required at all. In fact if you write wrong section you will lose more marks that what you would have gained if you had written the correct section

Nilesh Malviya

Nilesh Malviya

CA Inter

655

1

699

Redemption of preference shares

Accountancy

answered on 12-Oct-20 17:45

Sir in the illustration 4 minimum fresh issue divided with issue price whereas previous sums did on face value It's so much confusion sir pls. Explain How can we know that

latest answer

I have done a video on this and is available on youtube. Aug 2020 | Revision | Redemption of Pref Shares & Debentures - CA Inter / IPCC

M Naresh

M Naresh

CA Final

3K+

1

700

Liquidation of companies

Accountancy

answered on 12-Oct-20 17:55

In this chapter institute has given in the textbook a deficiency a/c as per list H Should we follow the format for the exam

latest answer

Yes

Swathi Krishna

Swathi Krishna

CA Final

8K+

4

684

Chapter - Hire Purchase

Accountancy

answered on 11-Oct-20 18:09

Hi, in this chapter, when we prepare the balance sheet, balance sheet needs to be T- shaped and not new format balance sheet, right?

latest answer

T-Shaped.

Karan Chellani

Karan Chellani

CA Inter

0

1

744

Amalgamation

Accountancy

answered on 11-Oct-20 18:10

In amalgamation illustrations how will we know wether the purchasing co. Takes reserves or no.. Because in one some they hv taken and in oder the selling co has transfered it to equity holders

latest answer

You need to check if it is in the nature of merger.

Shruthi V

Shruthi V

CA Inter

0

1

731

Anti profiteering clause

Indirect Taxation

answered on 11-Oct-20 06:27

What is anti profiteering clause and why it is introduced?

latest answer

The government wants benefit arising out of GST to be passed on to customers.

Inlove Commerce

Inlove Commerce

CA Inter

470

1

701

Query

Others

answered on 11-Oct-20 06:27

Last week, I asked u abt the calculator tricks .have u included them in ur videos ?? U said that u would do in a week .

latest answer

It will be available on monday/tuesday.

Reetikaa R

Reetikaa R

CA Final

7K+

1

595

Related to ordering cost and carrying cost

Costing

answered on 11-Oct-20 07:35

Sir, Handling and frieght costs are to be included in ordering cost or carrying cost??

latest answer

Ordering.

Kashish Bhagwani

Kashish Bhagwani

CA Inter

0

1

628

Theories of international trade

Economics

answered on 13-Oct-20 00:49

In this case country A would be left with 0 wheat and 2 cotton extra. Country B will be left with 24 cottons and 6 wheat So ultimately Country A will have no wheat for the domestic consumption . Which will be undesirable situation for the Country. How is there a mutual gainful trade in this ?

latest answer

K

Swathi Krishna

Swathi Krishna

CA Final

8K+

4

698