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Cost sheet

Costing

answered on 23-Jul-22 16:19

Please clarify me if I have classified the costs correctly into factory overheads and production overheads in this sum. I have attached the corresponding question and answer key by icai. And also my answer.

latest answer

Thanks for clarifying me :)

Dharshini Sankar

Dharshini Sankar

CA Inter

7K+

2

664

Cost sheet

Costing

answered on 23-Jul-22 13:37

In cost sheet we have to find raw materials consumed and use it to arrive at profit of the month. In this sum they have used raw materials purchased.but I have used raw material consumed data and calculated the profit. Am i right??

latest answer

Okay got it Thanks for helping me

Dharshini Sankar

Dharshini Sankar

CA Inter

7K+

2

1K+

"Deemed distinct person " concept doubt .

Indirect Taxation

answered on 23-Jul-22 21:52

If more than one Gst registration is taken in single state under single Pan , then each registration is treated as "deemed distinct person" or not ?

latest answer

According to this concept if a person has obtained or is required to obtain more than one registration, whether in one state or union territory or more than one state or union territory shall, in respect of. each such registration, be treated as distinct persons If i am wrong kindly rectify me...

Anirved Rahatgaonkar

Anirved Rahatgaonkar

CA Inter

0

2

861

Contingent contract

Corporate & Other Laws

answered on 23-Jul-22 16:09

Is ability to secure to a bank loan an uncertain collateral event??

latest answer

No, it is more uncertain here in case of bank loan. Had contract been made after pre-approved sanction letter subject to document verification, then we could have said it is certain that loan will pass through. But otherwise, there are many aspects involved lke checking of credit history of borrower, property documents, building map etc. In the example you shared, they could be more procedural formalities like taking permission, hence it was not collateral event there.

Monisha KM

Monisha KM

CA Inter

825

6

545

Ratios

Maths & Stats

answered on 23-Jul-22 15:04

How did 110 / 100 come ? Explain these ?

latest answer

Since price has increased by 10%. New price becomes = Old price *110/100. So, either you do 4k + 10% of 4k or write 4k *110/100

Vignesh Psv

Vignesh Psv

CA Foundation

8K+

3

502

Registration

Others

answered on 23-Jul-22 15:06

When to register for new syllabus

latest answer

New syllabus implementation details are not out yet.

Shijo Kennedy

Shijo Kennedy

CMA Final

4K+

1

350

Inter

Others

answered on 26-Jul-22 13:32

Sir my friend asked when chapter wise class will be opened?

latest answer

They will give the intimation with regard to when the chapter wise class is open..... We should wait bro

Sai G

Sai G

CA Inter

6K+

3

483

General related to classes

Corporate & Other Laws

answered on 23-Jul-22 11:20

Sir or mam I want negotiable instruments act only sir lecture will it be possible

latest answer

As of now you can refer revision lecturesâ?¦..Just a suggestion

Pandusml V

Pandusml V

CA Final

4K+

6

375

Revalidation

Others

answered on 23-Jul-22 08:41

Kindly share the detail about how to revalidate intermediate registration.

latest answer

check in Icai self service portal (ssp) , login with your account details and you can find it there

Hai Iam Anas

Hai Iam Anas

CA Inter

8K+

1

457

AS 20

Accountancy

answered on 23-Jul-22 04:49

In this question, Can anyone say how is 2/12 and 10/12 is used? (5,00,000*1.05*2/12) + (6,00,000*10/12)

latest answer

Okayâ?¦. Thank you

Swetha S

Swetha S

CA Inter

15K+

6

461