Respected Sir,
How to allocate Fixed Overhead In Product Cost Sheet
Please Guide me.
Thanks in advance
Menu
How to allocate fixed overhead in product cost sheet
Replies (1)
Overheads should be compulsorily classified in fixed and variable basis. as absorption treatment of fixed and variable overheads are different.
Fixed overheads should be absorbed on the products on normal capacity of the company.
Variable overheads should be absorbed on the products on actual capacity utilization.
Recent Threads
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
Related Threads
CAclubindia
