Meekha
25 April 2010 at 09:01

cost accounting

Sir, can you please help me to solve the given problems?
1.a factory where standard costing is followed, 4600kg of materials at rs.10.5/kg were actually consumed resulting in a price variance of rs.4800(A) and usage variance of rs.4000(F). the standard cost of actual production is_____(100,000;96000;120000)ans given is 100,000.

2.capacity usage ratio of a production dept is 90% activity ratio is 99% what is the efficiency ratio?(120, 110, 90)ans=110 how sir?

3.output of 3 different products are 20000kg, 15000kg, 15000kg.costs are in proportion of 4:6:7.cost per equivalent unit is?(10, 7, 5)ans=5 please help me Sir.



Anonymous
25 April 2010 at 02:35

DEBTORS

IF WE MADE PROVISION FOR BAD DEBTS THEN IT WOULD REDUCE THE BALANCE OF DEBTORS AND WOULD GET DEBITED IN P&L A/C.BUT IF IN THE NEXT YEAR BAD DEBTS DOES NOT APPEAR OR APPEARS LESS THAN THE PROVISION THAT WE CREATED ON DEBTORS AND MONEY GOT COLLECTED FROM DEBTORS , THEN WHAT WOULD BE THE TREATEMENT OF THIS EXCESS COLLECTION FROM DEBTORS AS THEY ALREADY GET REDUCED IN THE B/S.



Anonymous
25 April 2010 at 02:31

DEBTORS

IF WE MADE PROVISION FOR BAD DEBTS THEN IT WOULD REDUCE THE BALANCE OF DEBTORS AND WOULD GET DEBITED IN P&L A/C.BUT IF IN THE NEXT YEAR BAD DEBTS DOES NOT APPEAR OR APPEARS LESS THAN THE PROVISION THAT WE CREATED ON DEBTORS AND MONEY GOT COLLECTED FROM DEBTORS , THEN WHAT WOULD BE THE TREATEMENT OF THIS EXCESS COLLECTION FROM DEBTORS AS THEY ALREADY GET REDUCED IN THE B/S.


rajesh kuldeep
24 April 2010 at 20:13

partnership+investment related

there are some following questions are given below:

1 why to g/w is revalued in retirement of partner.

2. sir, please clerify pre-invest and post-invest.

3. what is market protofolio.

please explain as such possible

rajesh/kuldeep
thanks



Anonymous
24 April 2010 at 17:23

Debt equity ratio

How to calculte D/E ratio in case where Accumulated losses are more equite Capital + reserve surplus? i.e.net equity is nagative.


CA Koustubh Vishnu Bhatye

Dear Sir/Madam?

Whether provision of TDS (asset side) is to be made for the provisional brokerage income for F.Y.09-10?

Actual brokerage will receive in F.Y.10-11 and TDS Certificate by party also belongs to F.Y.10-11 i.e. AY 11-12.



Anonymous
24 April 2010 at 15:38

Contingent Liabolity

Is bank guaranty and outstanding LC a contingent liability? Kindly clarify


nagesh

Can someone help me in giving the accounting entry for the goods lost in transit if VAT is involved in the transaction and how is the loss booked in books of accounts and when insurance claim is received, how it is adjusted.


MAHESH
24 April 2010 at 09:34

Tally ERP 9 Ledger Copy???

Please tell me how to copy ledger a/cs with its closing balances (All Ledgers at A time)in Tally ERP 9 from one company to another?


VINOD KUMAR GUPTA
24 April 2010 at 00:04

accounitg standard

is Goodwill covered under AS-26 or not






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