Case I:
Suppose
Units Rs
Op. Stock 2000 2000
Units intro. 20k 8k
N. Loss 400 20
Cl. stock 1500 1500

R.M. - 4000
Labour - 6000
O/h - 640

What is cost per unit? Is it:

a){ ((2000+8000-1500)+6000+640+4000)-20}/
{(2000+20000-1500}-400}

OR

b) {((2000+8000+6000+640+4000)-20}/
{(2000+20000}-400}

CASE II:

Suppose
Units Rs
Opening WIP 1500 15k
Units Intro. 18500 52k
Normal loss 1000 3000
Closing WIP 5000 18k

Suppose equivalent units of production of R/m is 16000. How to find cost per unit of RM.

Is it
a) (52k-4000)/16000
OR {(52000+15000)-4000}/16k
OR {(52000+15000-18000)-4000}/16000

Q1.plz expplain the logic as well

hi sir rv rao the answers answered on ca club india are 100% correct or we shall enquir from any other plase . i mean from chennai. pls ans sir.

Hi,

Company where I am providing accounting service(I am providing professional service) has asked me certify certain sales tax payment which they would issue to the consignor company. In this case I would like to know what charge should I levy and is there any format for providing this certificate.

hi.. may08 is last attempt for pe2 ,if not cleared whether eligible to appear in NOV08 PCC,what about exemptions c/f to pcc,articleship period on clearing NOV08 PCC (if not cleared in may08 pe2 )

plz help

I WANT TO KNOW that if my CA GIVE Transfer from back date so from which date he can give t/f I START ARTICLESHIP FROM 01-01-2007 AND NO PROFF OF CHEQE AND ATTANDANCE. HE THERAT ME FROM BACK DATE.

I WANT TO KNOW RATE OF ESI & PF BOTH EMPLOYEES & EMPLOYER. TAXABILITY OF PF WITHDRAWN AFTER OR BEFORE THE RETIREMENT.EXPLANE FULL

My company hire man power supplly from a company providing security gards.

The supplier provide two bills for the same :

1. one bill shown the shown the service tax charge .

2. other bill shown the salary of gaurds which doesn;t include any service tax.

Please let me know is we deduct tds on both the bills. if yes why.

a trust has been created by way of will and in this trust Income received from Gift and from Interest
1.What is the Tax Liablity on 130000/-income.
2. Which form is fillup and deposited for the same.
3.Can i filled form No. 5 for the same treat as AOP or only form No. 7(the Trust is not registered under income tax act)
pl. guide me

Hi!

Every One


Can anybody tell me the CA Final Coaching in Hyderabad for Nov 2008 attempt.

Plz help me out

Best Regards.

When does the BONUS ACT applies - for the "Shop on establishment"

IS it minimum of 20 empolyees which will attract the payment of Bonus ?

And is the salary any crietria ?