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ABC
Costing
answered on 05-Jun-24 16:25
May 2022 Question paper How to calculate Machine Related Costs?
latest answer
As per your working note for ABC cost per machine hour is Rs 3 per hour. For product Ax - cost = 7500 units x 2 hrs p.u x 3 p.h = 45,000
Gobi k
CA Inter
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273
In company audit and laws this concept was similar
Corporate & Other Laws
answered on 04-Jun-24 12:17
I confused this question in company audit and laws this concept was similar
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Yes the concept is there in both the subjects - what is your specific query
R G
CA Inter
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200
Ind AS 16 - Illustration 7
Financial Reporting
answered on 31-May-24 22:35
How did we arrive overhaul cost in year 6 as Rs 6 Million
latest answer
Given in question
SANDRA S JOY
CA Final
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164
ap
Others
answered on 27-May-24 20:56
why only telgana and other south states but not ap
latest answer
What?
manthena varma
CA Foundation
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1
169
Identified Assets
Financial Reporting
answered on 03-Jun-24 17:18
Dear Sir, Kindly clarify the below scenario, and whether the same can be recognized as an identified asset: In a group entity, the Holding company has executed a Lease agreement with the 3rd party of specific assets for a specific period, and also entered an agreement with the group entities to record the terms of reimbursement of cost incurred by the Holding pursuant to the Deed based on the number of seats and services utilized by the Company in the Premises. and also clearly mentioned that this Agreement is not a sub-lease agreement or a service agreement and is merely an arrangement for reimbursement of costs incurred by Holding towards the lease of the Premises. One of the subsidiaries agreed to 100 seats (not specified in the agreement) and paid rent accordingly. Whether the same to be recognized as a Lease in Subsidiary books of accounts?
latest answer
The arrangement lacks specificity regarding the identified asset (100 seats not specified). The agreement indicates a reimbursement of costs rather than a transfer of control over the use of specific assets.
Chaitanya Sai Gupta
CA Final
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202
Illustration 19
Financial Reporting
answered on 01-Jun-24 18:50
Why revaluation surplus transfered to retained earnings?
latest answer
As per INd AS 16, the revaluation surplus can be periodically transferred to retained earnings. At the time of disposal of asset, the balance in revaluation surplus is to be transferred to retained earnings.
Sugathan P.R
CA Final
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273
Required class hours
CFA
answered on 27-May-24 17:48
The CFA institute recommends 300hrs of preparation for CFA L1 but in indigo learn we have classes close to 150hrs is that sufficient?
latest answer
Yes. We teach for 150 hours. Balance 150 you have to study on your own. Solving mocks revision etc
Dhakshana Dhakshana
CFA L2
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313
Stock out (Material costing)
Costing
answered on 05-Jun-24 16:05
I have the solution but not getting anything 🥲 Please help me with understanding this.
latest answer
Similar question is also covered in class videos. Kindly refer for detailed explanation
Prashant Das
CA Inter
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2
320
SPOM MCQs [SET A]
Corporate & Other Laws
answered on 29-May-24 14:56
I can't understand the answer.
latest answer
Understood ma'am thank you.
A Sivani
CA Final
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7
2K+
Solution to the mcq
AFM
answered on 27-May-24 10:01
Solution to the below attached mcq
latest answer
Pls share your working and where you have a doubt?
MATURU HAMSA GAYATRI
CA Final
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293