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Absorption costing valuation of inventory = fixed cost + variable cost Here, variable cost = direct material + direct labour + variable O/H = 3 + 4 + (50% of 4) = 9 Fixed cost per unit = (Fixed production overheads/ Budgeted production) = (120000/ 20000) = 6 Therefore, value of inventory as per absorption costing = 9 + 6 = Rs.15 per unit
An acceptor or indorser of negotiable instrument is bound by his acceptance or indorsement
As per IPC provisions preparation stage of crime is punishable in following except _____
The question is, whether A committed a crime at Calcutta on a certain day.
The fact that, on that day, A was at Lahore is relevant.
Whi...
Any court may alter or add to any charge any time before:
What is the period of limitation given in Schedule of Limitation Act for a Bill of exchange and a promissory note?
Which of the following amendment is known as the Mini-Constitution?
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A desires, a court to give judgment that he is entitled to certain land in the possession of B or basis of certain facts. Which 'B' denies to be true un...
To facilitate the conduct of arbitral proceedings, who can arrange for administrative assistance under the Arbitration and Conciliation Act?