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Overheads - Trial & error method
Costing
answered on 03-Apr-24 06:32
In this given solution of OHS , it's taken as 5,04,300 value instead of 5,04,271 . But in RTP it's solved taking exact value but however service dept value not get null. So what to do in these type of questions
latest answer
It is just a matter of rounding off. Both answers will be given full marks. I would suggest go with exact numbers only
Mehak K
CA Inter
★ 3K+
1
81
Standard costing
Costing
answered on 03-Apr-24 07:42
How in this question 4 units and 200 hours per worker but given in the question gang??
latest answer
Thanks a lot
Devisree
CMA Inter
★ 0
7
88
Standard costing management accounting
Costing
answered on 20-Mar-24 08:01
Pls anyone solve thjs 2 numericals
latest answer
Yeah i got, but pls say 13 one also thanks in advance
Bhuvan Bhaskar
CMA Inter
★ 2K+
4
88
MARGINAL GOSTING
Costing
answered on 16-Mar-24 21:58
In the question where cost is written which cost should we assume when question is silent FIXED OR VARIABLE COST?????? Refer to Q.2 for this doubt
latest answer
You need to apply high low method and segregate fixed costs and variable cost from total cost. No assumption is required
Prathmesh Sanjyot Kharul
CA Foundation
★ 5K+
1
82
Standard costing
Costing
answered on 16-Mar-24 21:59
To find Actual hours worked, we need to multiply with the actual workers not with the standard workers??
latest answer
Yes
Devisree
CMA Inter
★ 0
1
85
Standard costing
Costing
answered on 16-Mar-24 21:57
To find material consumed if there is material purchased, material issued to work , opening stock and closing stock of material. How to find it??
latest answer
Material consumed is nothing but material issued to work
Devisree
CMA Inter
★ 0
1
76
MARGINAL COSTING
Costing
answered on 11-Mar-24 19:27
Laila Shoe Company sells 5 different styles of Chappals with identical purchase cost and selling prices. The Company is trying to find out the profitability of opening another store, which will have the following expenses and revenues: (information per pair) Selling Price ₹ 30.00 Variable Production Cost ₹ 19.50 Salesmen's Commission ₹ 1.50 Total Variable Cost ₹ 21.00 Annual Fixed Expenses are ₹ 3,60,000, made up as Rent ₹ 60,000, Salaries ₹ 2,00,000, Advertising ₹ 80,000 and Other Fixed Costs ₹ 20,000. If the Store Manager were to be paid 0.30 commission on each pair of chappal sold in excess of the BEP, what would be the Store's Net Profit if 50,000 pairs were sold?
latest answer
As per sheet
Ameena Yasmine PA
CA Inter
★ 3K+
1
174
MARGINAL COSTING
Costing
answered on 11-Mar-24 19:29
The Ratio of Variable Cost to Sales is 60%. The Break Even Point occurs at 80% of the Capacity Sales. 1. Find the Capacity Sales when fixed cost are Rs.1,60,000. 2. Compute Profit at 80% of the Capacity Sales. 3. Find Profit if Sales is Rs.5,70,000 and Fixed Cost remain same as above. 4. Find Sales if desired Profit is Rs.44,000, and Fixed Cost is Rs.1,42,000
latest answer
Please do not post only questions. Also share your workings highlighting your doubts
Ameena Yasmine PA
CA Inter
★ 3K+
3
115
Fixed overheads
Costing
answered on 07-Mar-24 09:16
Why is fixed overheads apportioned to departments based on normal capacity and not actual capacity??
latest answer
Thank you sir
Muhesh YM
CA Inter
★ 0
2
83
General
Costing
answered on 01-Mar-24 15:45
Difference between Electricity charges and Lighting charges of a machinery?
latest answer
But, in a question in overheads chapter both electricity charges and lighting charges are given… That is why I asked this doubt?
Girinath A
CA Inter
★ 765
2
99
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