Sir if we solve this under lifo method ...than ye base quantity first show karege ? Like jese apne kiya h ...ya fr last m show krege ..?..like usually hum issue k time p lifo method m krte h ..pls clear this
CA தமிழன் சிவா Base Stock Method: A minimum quantity of stock under this method is always held at a fixed price as reserve in the stock, to meet a state of emergency, if arises. This minimum stock is known as Base Stock and is valued at a price at which the first lot of materials is received and remains unaffected by subsequent price fluctuations. The quantity in excess of the base stock may be valued either on the LIFO basis or FIFO basis. This method is not an independent method as it uses FIFO or LIFO. Its advantages and disadvantages therefore will depend upon the use of the other method. Source: CMA Costing Material
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Thank you very much I am glad that you like my lecture. I have published 7000+ similar lectures on Accounting & Finance Domain. You can access them from my App / Website. I wish to introduce you my educational Android App EDUC (meant for Finance & Accounting Students, Executives & Professionals). Install this app to access our educational materials and online courses. Here is the link: play.google.com/store/apps/details?id=co.april2019.ed&hl=en Also visit my website www.carajaclasses.com to know more about our efforts & courses.
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Sir,what if two or more price is given in the beginning,then which price is to be taken for base stock price?? Pls reply
Sir why we can't touch base stock
Sir if we solve this under lifo method ...than ye base quantity first show karege ? Like jese apne kiya h ...ya fr last m show krege ..?..like usually hum issue k time p lifo method m krte h ..pls clear this
Sir,u have splitted Opng bal as 100-300
We can Split as 200-200 ahh??
Sir...what is base stock?
CA தமிழன் சிவா
Base Stock Method:
A minimum quantity of stock under this method is always held at a fixed price as reserve in the stock, to meet a state of emergency, if arises. This minimum stock is known as Base Stock and is valued at a price at which the first lot of materials is received and remains unaffected by subsequent price fluctuations. The quantity in excess of the base stock may be valued either on the LIFO basis or FIFO basis. This method is not an independent method as it uses FIFO or LIFO. Its advantages and disadvantages
therefore will depend upon the use of the other method.
Source: CMA Costing Material
CARAJACLASSES thank you so much sir...i understood
"Thank you very much CA.... If you wish to get my Financial Video lectures daily direct in your "WhatsApp", then watsapp me "TH-cam LECTURES" to +917736022001. Also do not forget to check out the complete course on this topic - Problems & Solutions in Cost Accounting -www.udemy.com/problems-solutions-in-cost-accounting/?couponCode=YTBPSCA2 - All my courses are available in my web www.carajaclasses.com "
Sir Please can you upload lifo method under THIS gievn information
Sir you can put video for base stock with LIFO
No change values in LIFObase stock method....this also same lifo method no change
Eliments of metirial 14 methods total
I have exam tomorrow, Tq sir, it helped me a lot .....
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Thank you sir..it helped me a lot..very nicely n slowly explained🙌🙌
Thank you very much
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very nicely explained thank you sir
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you are great, thank you sir
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Thank you sir
Thank you very much
I am glad that you like my lecture. I have published 7000+ similar lectures on Accounting & Finance Domain. You can access them from my App / Website.
I wish to introduce you my educational Android App EDUC (meant for Finance & Accounting Students, Executives & Professionals). Install this app to access our educational materials and online courses.
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Hindi nahi aati kya??
Thank you sir
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Thanks sir