Forums
Absorbing base
Costing
answered on 19-Aug-24 10:30
Sir, Why absorption rate is calculated based on working hours. And what is the difference between machine hour, horse power and working hours.. how these things are applicable, like how can I identify and apply it on respective apportionment and allocation.
latest answer
Working hours is the number of hours worked. In this particular question they have mentioned only working hours. In few questions they give labour hours worked and machine hours worked. If the dept/ production process is labour intensive then we use labour hrs as the basis for calculating oh recovery rate. On the other hand, if the dept /process is machine intensive we use machine hrs as the base. The HP referes to the horse power of the machine and this determines the power consumption. Usually used as a base for distribution of power cost.
HariPriya C
CA Final
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Incorporation of Company
Corporate & Other Laws
answered on 20-Aug-24 00:19
180days of the date of incorporation Last date of filing should be 23/12 & not 27/12 ?
latest answer
You are right.
Sushmita Chowdhury
CA Inter
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Derivatives
CFA
answered on 17-Aug-24 23:10
Why option b is not the correct ans?pls explain
latest answer
Got it sir thank you
Dhakshana Dhakshana
CFA L2
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Supply
Indirect Taxation
answered on 20-Aug-24 16:26
If inter state movement is for repair then GST How is A correct answer
latest answer
Schedule III covers service by employee to employer but not employer to employee.
Sushmita Chowdhury
CA Inter
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Topic wise subscription
Others
answered on 19-Aug-24 11:02
When will open topic wise subscription for sep 24 exams
latest answer
Pls email us the topics that you need and our team will get back support@indigolearn.com
sudharshan babi
CA Inter
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Download option
Financial Reporting
answered on 19-Aug-24 11:32
How to download the videos for offline view, I can’t see any option for download
latest answer
Download option is available only on app and not laptop. Also download option is not available for Subscription
MOHAN BURMAN
CA Final
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KAM
Auditing
answered on 26-Aug-24 11:38
Except listed and law governing entities whereas the other entities does not require KAM only if the auditor beleives it necessary.what if the auditor does not beleive to report in KAM ,then KAM should be write as u said or otherwise KAM will be left out in the audit report
latest answer
In case of listed entities, it’s compulsory to have KAM. If auditor finds no matters which are significant to be reported as KAM , even then he has to bring this paragraph and mention that he hasn’t considered any matter to be reported as KAM. But reporting is mandatory. Check the explanation where if no KAM is identified .
Satya Reddy
CMA Final
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Income Tax Revision Lectures May 24
Others
answered on 17-Aug-24 11:33
I have purchased May 24 income tax revision lectures. I wish to watch it once again. Its shows that course has expired. How can I activate it.
latest answer
Hi Swetha, Our team tried reaching you but couldn't connect. Kindly let us know when would be the best time to have a word with you or reach us back on 9640111110.
Soon to be CA
CA Inter
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Chapter 9.2 - Treasury and Cash Management
Financial Management
answered on 19-Aug-24 16:58
ICAI Mat - Illustration - 8 (pg.9.51) : In the Problem, while computing Net Cash Inflow at last, Rs.50 lakhs is deducted as mentioned "Cash required for increase in stock". Where did this amount comes from? Pls explain
latest answer
Thank you. Got it
Nikil Karol
CA Inter
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Risk Management
AFM
answered on 17-Aug-24 12:37
Sir, Why we multiplying SD % in 2AB , as per my understanding SD1 & SD2 are cancelled by Cov1,2/SD1 , SD2 while we substitute in P formula.
latest answer
Thank you Sir
Prethivi Rajan
CA Final
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