Product Costing
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Cost Sheet
05
Jun
Cost Sheet – CA Inter Costing Study Material Question 1.State the names of cost heads in a cost sheet on the basis of functions and define all the cost heads. [ICAI Module]Answer:The costs as classified on the basis of functions are grouped into the following cost heads in a cost sheet:(i) Prime Cost(ii) Cost of […]
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Cost Accounting ,
Cost Analysis ,
Cost Control ,
Cost Sheet ,
Cost Sheet Format ,
Factory Cost ,
Manufacturing Cost ,
Prime Cost ,
Product Costing ,
Selling Price ,
Statement of Cost ,
Total Cost ,
Overheads: Absorption Costing Method
03
Jun
Overheads: Absorption Costing Method – CA Inter Costing Question Bank Question 1.Distinguish between Fixed overheads and Variable overheads. (May 2010, 2 marks)Answer:Fixed Overheads Vs. Variable OverheadsFixed overheads are not affected by any variation in the volume of activity, e.g., managerial remuneration, rent etc. These remain the same from one period to another except when they […]