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Marginal costing

Costing

answered 16 hrs ago

How to proceed with this question?

latest answer

It does not matter. Contribution from product 1 + contribution from product 2 = total contribution Total contribution minus joint fixed cost = total profit

Devisree

Devisree

CMA Inter

0

3

23

Marginal costing

Costing

answered 1 day ago

calculate break even point for a train journey between Delhi and Jaipur where the cost of an engine is 80000 and bogie is 16000 the capacity of your body is 70 passengers and each ticket is priced at Rs 600 the variable cost per ticket is 100 whether answer is 192 or 320 ?? Which is correct??

latest answer

As per the information it should be 192

Devisree

Devisree

CMA Inter

0

1

23

Marginal costing

Costing

answered 1 day ago

In this question only machinery depreciation is taken into consideration why not machinery cost??

latest answer

The answer is depreciation. Cost of machine has to be apportioned over its useful life. There is no other reasoning or logic

Devisree

Devisree

CMA Inter

0

3

35

Marginal costing

Costing

answered 2 days ago

M/s Alpha Ltd. manufactures a single product and has the following data for the year 2022: Selling price per unit 200 Direct material cost per unit 54 ₹40 Direct wages per unit 1,90,000 Fixed overheads Variable overheads 50% of direct wages 5% Trade discount M/s Alpha Ltd. approaches you as a qualified cost accountant and asks you to: 1. Advise the Profit Volume Ratio of the company. 2. Critically assess the Break-even Sales (in units and in ₹). 3. Evaluate the Margin of Safety (in and as % of sales). 4. Recommend the Net profit if sales are 10% and 20% above the Break-even Volume.

latest answer

Thank you sir

Sowmiga Chandrasekaran

Sowmiga Chandrasekaran

CA Inter

7K+

6

56

Budget

Costing

answered on 24-Apr-24 08:40

Why they taken actual data for flexible budgeted ?? What is static budget?

latest answer

Static budget means a fixed budget. When preparing a flexible budget we take the actual number of units and re state all numbers. Fixed cost remains same irrespective of the level of activity. For this reason fixed cost is taken as appearing in static budget

Devisree

Devisree

CMA Inter

0

3

41

Process costing

Costing

answered on 24-Apr-24 08:52

Can anyone please prepare process account for this question? While I was trying it's not matching.

latest answer

The question is asking for conversion cost per equivalent unit. Not the final cost of production. However you have taken the cost of opening stock wip as well in your working

SAIRAM SANKITI

SAIRAM SANKITI

CA Inter

10K+

4

48

Marginal costing

Costing

answered on 21-Apr-24 17:39

Pls solve anyone in marginal costing pls anyone

latest answer

Okay got it, answer did small error while caluclating, but pls answer if i ask doubts because iam self learning student pls,

Bhuvan Bhaskar

Bhuvan Bhaskar

CMA Inter

2K+

1

36

Activity based costing

Costing

answered on 22-Apr-24 09:30

Pls solve any one activity based costing

latest answer

yes!

Bhuvan Bhaskar

Bhuvan Bhaskar

CMA Inter

2K+

3

43

Cost accounting system (integral account)

Costing

asked on 15-Apr-24 01:11

Y in this question the Stores ledger control account,Work in progress control account, finished goods account and prepaid production overhead account opening balance are debited..in trial balance opening balance of these accounts is given in Credit side only right

latest answer

No answers yet!!

Lavi Lavanya

Lavi Lavanya

CA Inter

6K+

0

42

Standard Costing

Costing

answered on 14-Apr-24 09:28

Here why did we use the usage variance formula Icai book Tyk 4

latest answer

Request you to please stick to the approach we follow in lectures. Similar question is solved in the videos.

Varshith Uppula

Varshith Uppula

CA Inter

2K+

1

54

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