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CA INTER COSTING CHAP 9 OF ICAI MODULE Q3(JOB AND CONTRACT COSTING)

Costing

answered on 13-Jun-22 12:24

I have a doubt regarding chapter 9 contract costing question 3.In this problem while calculation of estimate profit shouldn't we add last year stock material worth 4250 in Material as these were last year material and they were been used this year. And moreover the question says we issued new material instead of use so obviously the last year leftover material will be used in the final year. Q3 of icai module

latest answer

Please check at the profit estimate. The first period material cost is 75000. From this that 4250 is not deducted. So there is no need to add again

Prince pj30

Prince pj30

CA Inter

0

9

852

Accounting for right issue

Accountancy

answered on 10-Jun-22 10:26

Theoretically, the value of a company's shares after a right issue must equal the sum of market capitalisation immediately prior to rights issue and the cash flows generated from the rights issue. Please explain

latest answer

Thank you

Rinuja TK

Rinuja TK

CA Inter

10K+

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494

Accounting for bonus issue and right issue

Accountancy

answered on 09-Jun-22 09:22

What is preferential issue

latest answer

preferential issue or allotment is the issue of shares or convertible securities by listed or unlisted or public or such other companies to a selected group of investors but at the same time is not a rights issue or public issue

Rinuja TK

Rinuja TK

CA Inter

10K+

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Indices

Maths & Stats

answered on 09-Jun-22 10:37

Pls solve this question

latest answer

I have simplified it for further options to match. U can simplify it

Jitendra Kumar

Jitendra Kumar

CA Final

41K+

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Time value of money

Maths & Stats

answered on 25-Jun-22 22:58

Ans key it is given option b but i am getting d

latest answer

Option b is correct answer

Devika Das

Devika Das

CA Inter

2K+

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Can't Convert to Direct Scheme

Others

answered on 10-Jun-22 23:23

In ICAI's SSP portal "other forms" option is missing. Also I've looked at all other option but form to "Convert to Direct Scheme" is missing.

latest answer

You can lodge a complaint, mail or contact the SSP Portal members

Guardian

Guardian

CA Inter

710

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464

Sale Of Goods On Approval Or Return Basis

Accountancy

answered on 09-Jun-22 06:08

Can Anyone Explain This..?

latest answer

Thank You Dharshini Garu..

Vamsi S

Vamsi S

CA Inter

7K+

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Permutations and combinations

Maths & Stats

answered on 11-Jun-22 11:20

In how many ways 3 prizes out of 5 can be distributed among 3 peoples equally?

latest answer

60 ways

Shanmu

Shanmu

CA Inter

13K+

4

500

Extension

Others

answered on 11-Jun-22 06:59

Will u provide course extension option after exam results ?

latest answer

You can reach out to us after exam results.

Nivetharaman Raman

Nivetharaman Raman

CA Foundation

11K+

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Accounts

Accountancy

answered on 09-Jun-22 07:25

Accounts

latest answer

Old provision means provision given in trial balance and new provision which required is given in adjustment. Effect of these I already explained.

Arun Kochumon

Arun Kochumon

CA Inter

145

7

508