🔴 University of Calcutta
🔴 Bcom Honours 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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Honours
Q. 3
🔴 Bcom Honours 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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Honours
Q. 3
🔴 University of Calcutta
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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General
Q.1
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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General
Q.1
🔴 University of Calcutta
🔴 Bcom Honours 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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Honours
Q. 12
🔴 Bcom Honours 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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Honours
Q. 12
🔴 University of Calcutta
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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General
Q.3
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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General
Q.3
🔴 University of Calcutta
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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General
Q.4
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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General
Q.4
🔴 University of Calcutta
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 2
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5. What do you mean by idle time?
Answer = Idle time is paid time that an employee, or machine, is unproductive due to factors that can either be controlled or uncontrolled by management. It normally applies to full-time workers rather than consultants, who typically have to bill for every hour of their time.
🔴 Mention any two causes of normal idle time = (1) Travelling time from one job or department to another. (2) The distance covered between the factory gate and actual place of work.
🔴 How will you treat wages
for idle time in cost accounts?
Answer = Accounting Treatment of
Normal Idle Time:
The wages paid for the normal idle time period is treated as production overhead and absorbed into cost of product by adopting an absorption rate. The normal idle time in tool setting etc. can be charged at inflated rate. Jobs are charged at inflated rate.
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 2
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5. What do you mean by idle time?
Answer = Idle time is paid time that an employee, or machine, is unproductive due to factors that can either be controlled or uncontrolled by management. It normally applies to full-time workers rather than consultants, who typically have to bill for every hour of their time.
🔴 Mention any two causes of normal idle time = (1) Travelling time from one job or department to another. (2) The distance covered between the factory gate and actual place of work.
🔴 How will you treat wages
for idle time in cost accounts?
Answer = Accounting Treatment of
Normal Idle Time:
The wages paid for the normal idle time period is treated as production overhead and absorbed into cost of product by adopting an absorption rate. The normal idle time in tool setting etc. can be charged at inflated rate. Jobs are charged at inflated rate.
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🔴 University of Calcutta
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
🔴 Join Our Telegram Channel The Knowledge Buddy.
General
Q.10
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
🔴 Join Our Telegram Channel The Knowledge Buddy.
General
Q.10
🔴 University of Calcutta
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
🔴 Join Our Telegram Channel The Knowledge Buddy.
General
Q.11
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
🔴 Join Our Telegram Channel The Knowledge Buddy.
General
Q.11
Hons. Q.5.pdf
147.6 KB
🔴 University of Calcutta
🔴 Bcom Honours 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
🔴 Join Our Telegram Channel The Knowledge Buddy.
Honours
Q.5
🔴 Bcom Honours 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
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Honours
Q.5
New doc Aug 18, 2021 3.48 PM.pdf
323.8 KB
🔴 University of Calcutta
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
🔴 Join Our Telegram Channel The Knowledge Buddy.
General
Q.12
🔴 Bcom General 2nd Semester
🔴 Paper Code = (CC 2.1 CH)
🔴 Subject = Cost and Management Accounting 1
🔴 Join Our Telegram Channel The Knowledge Buddy.
General
Q.12
👍1