756900+63900-normal loss (15200*8)=699200/174800=4
PCC/IPCC costing/FM answer
Page no : 5
Rahul
(Chartered Accountnat CS)
(1580 Points)
Replied 06 November 2011
and labour....... thnx will i get 0 marks
akshat
(owner)
(57 Points)
Replied 06 November 2011
answer for rowan plan is 1980 not 1890 & FOH variance is 32000 (A)
Rahul
(Chartered Accountnat CS)
(1580 Points)
Replied 06 November 2011
thx again but please calculate abour
akshat
(owner)
(57 Points)
Replied 06 November 2011
| Originally posted by : Rahul | ||
 |
and labour....... thnx will i get 0 marks |
 |
labour (10800 + 328000) / 169400 = Rs 2 per unit
rowan plan : time wage guranteed + time saved / time allowed * time wages
therefore > 120 * 13.75 = 1650 time wages & bonus = 30 / 150 * 1650 = 330
total earning -1980
akshat
(owner)
(57 Points)
Replied 06 November 2011
| Originally posted by : Rahul | ||
|
|
thx again but please calculate abour |
|
u might have done question of fifo basis..in avg costing whole production is considered to be finished in current month so in finished goods too labour will be 100% completed this mont & while calculating unit cost cost of previous month will be added in current month cost divided by labour units
Rahul
(Chartered Accountnat CS)
(1580 Points)
Replied 06 November 2011
DA is to be taken seperately and bonus and wages to be calculated seperately
AS DA is guaranteed
and formula is hours worked x rate p hour + time saved x time taken / time alloted x rate
Rahul
(Chartered Accountnat CS)
(1580 Points)
Replied 06 November 2011
do tell the integrated question answer
akshat
(owner)
(57 Points)
Replied 06 November 2011
ho gaya kaam..agar aisa hai to..formula ke baare mein no discussion its same..but if DA logic is that ..then i should leave CA
akshat
(owner)
(57 Points)
Replied 07 November 2011
| Originally posted by : Rahul | ||
|
|
DA is to be taken seperately and bonus and wages to be calculated seperately AS DA is guaranteed and formula is hours worked x rate p hour + time saved x time taken / time alloted x rate |
|
you should verify your logic behind DA rahul. being gurantedd doesnt mean that a labour wont get bonus on that DA. DA is a part of wage to be paid by owner & recieved by labour whether on daile basis or hourly basis salary. but only for hat portion of time which labour has actually worked. in question labour has worked for 120 hours so he will get DA for 120 hours and plus incentive will also be calculated on DA. so, DA @ 30 RS for 8 hours means 3.75 per hour. therefore hourly wage earning is 13.75. for 120 hours total earning 120 * 13.75 = 1650. & incentive on this 1650. according to ur calculation worker is denied of that share of benefit in terms of DA which company has recieved on quick workinfg by labour. if labour would have taken 150 hours he would have been giben extra DA as per 150 hours which would be 112.5 Rs. now if he has saved time fro company why should he be denied of benefit??? even the company just pays 90 Rs as incremental bonus againf 112.5 RS. well i think DA should be a part of bonus..baaki suggested aane pe pata lagega.
Kamal
(article)
(165 Points)
Replied 07 November 2011
In cap budgeting question, present value index is profitability index or net present value?
Kamal
(article)
(165 Points)
Replied 07 November 2011
I hav solved the question by profitibility index....nw im confused what present value index means?
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