Start learning 50% faster. Sign in now
Step 1 : calculate actual material requirement for 800 units to be produced =800*1.5 = 1200 kg. Step 2: calculate adjusted requirement given 10% wastage, to produce 800 units = the 1200 kg will represent only 90% of the requirement, as such, the 100% material will be 1200/90% = 1333 kg (1200 kg actual requirement and 133 kg of wastage) Step 3: Cost of 1333 kg = 1333*2.5 = Rs.3332.5 Step 4 : calculate recovery from 133 kg of normal waste = 133*1.2 = Rs.159.6 Step 5: actual cost = material cost – recovery from wastage = 3332.5 – 159.6 = Rs.3172.9 or 3173
What is the default amount for initiating the CIRP as provided under the IBC?
In a Criminal proceeding against any person, husband and wife of such person are _____________
A is accused of burning down his house in order to obtain money for which it is insured. The facts that A lived in several houses successively, each of ...
Whether testimony of accomplice witness requires corroboration?
Sections 68 to 72 Of The Indian Contract Act, 1872 deals with________.
National Institute of MH & NS v. C. Parameshwara discusses the scope of :
The __________________ shall establish one or more Tribunals, to be known as the Debts Recovery Tribunal, to exercise the jurisdiction, powers and auth...
What is the punishment for mischief?
Which of the following is true about interest of unborn in transfer of property?
Can a dumb person be a witness?