Qualification > Commerce
all acc doubts here !!
immortal:
Cn any1 give standard format for absorption costing... because different questions in past papers regarding this topic, da MS haz solved it wit varying format/
***exam***:
@mony : Thanks although i knew manufacturing acc but the ppt was a great revision
and absorption costing i dont understand it at all is there any reference material to learn about it
pastyear:
When we calculate OAR how do we find the Budgeted overhead if thequestion is not given directly but they give the variable production overhead, fixed production overhead, fixed selling and administrative expenses.
Which one do we include ? and why include and not include?
***exam***:
i think only variable production overhead and fixed production overhead are taken into acc but m not sure ??? lets wait 4 others to answer :)
pastyear:
immortal do you know why only include fixed and variable production cost but not the sellind and administrative overhead?
I will post the format later..
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