[bekzod]

Thank you very much Sir

[bekzod]

Thank you very much, Sir

If interest accrued is 5.000 CU and XD on loan is 5.100 CU, then:

Dr Interest P/L – 5.000 CU
Cr Cash – 5.000 CU

Dr Loan – 5.100 CU
Cr XD on loan P/L – 5.100 CU

What will be the amount of total interest cost to be added to the cost of the Q/A? Will it be nil?
I mean XD on loan may reduce total interest cost capitalisable max to nil, am I right?

Please help me understand this, Sir.

Thank you a lot.

[bekzod]

Thank you so much, Sir.

[bekzod]

Thank you very much, Sir.

[bekzod]

Can you please help me with the above question

[bekzod]

Sir, I could not find FR (financial reporting) Ask ACCA Tutor Forums, that is why I had to ask this question here in FA Tutor Forums. If it is possible, can you please explain me the above question abour income tax, please. Thank you very much.

[bekzod]

One more question Sir,

Imagine the company’s accounting period is 01.01.2018-31.12.2018. Then at the year end the company makes a provision for income tax for that accounting period based on the accounting profit and applying the tax rate, and must include it in its SoFP. But how and when we separate that provided amount (income tax expense) between current tax liability and non-current deferred tax liability?

[bekzod]

Thank you Sir

[bekzod]

Thank you very much for your help, Sir.

[bekzod]

Thank you very much Sir

[bekzod]

Thank you very much for your help, Sir.

[bekzod]

how to calculate 45% is explained in F9 paper (you may have a look) and regarding expeted value of profit, similar question is given in BPP F5 Study text.

[bekzod]

45% is correct answer and expected value of profit is $242,400

[bekzod]

Correct answer: D

Below is the explanation given in the book:
First calculate b value as Log LR / Log 2
Now apply formula Y=ax2 twice (first x = 250 and then x=249)
Now calculate cumulative time for 250 units and then 249 units
Difference between cumulative hours of 250 units and 249 units will give you time of the 250th unit

[bekzod]

Now everything is clear. I am really grateful for your help, Sir.

[bekzod]

Can you please look at the following question:

Material A – last year purchased in bulk at $7 per kg.
In stock there are still 11,000 kgs of Material A.
If this material is not used for the proposal under consideration it can be used in place of 5,000 kgs of a substitute material Z which is in regular use.
The current replacement cost of Material Z is $8 per kg. Find relevant cost of Material A for the proposal under consideration.

Solution 5,000*$8=$40,000

Solution is clear but my question is: Is material Z also used for the same job(proposal) as material A is used for, or material Z and material A are used for different jobs?

Thank you Sir

[bekzod]

Thank you very much Sir for your help

[bekzod]

Thank you very much for your help, Sir

[bekzod]

Thank you very much Sir. I saw this question in a book but there was not an answer. I could not get the exact answer in ACCA study resources either.

[bekzod]

Thank you

[bekzod]

Thank You

[bekzod]

Hi Sir,

I have a question on the followings:

1. If an employer provides a motorbike to an employee for private use, do we calculate taxable benefit on use at 20% of the cost of the motorbike?

2. If the employer provides fuel for the motorbike provided to the employee for private use, do we calculate taxable benefit on fuel at 20% of the cost of petrol?

3. If the motorbike made available for private use is then acquired by the employee, do we calculate taxable benefit on acquisition using Market value at acquisition less the price paid by the employee?

Thank you very much in advance

[bekzod]

Yeah your way is correct the probability of most likely is 65%

[bekzod]

So you mean the rule is: Book value of Equity-Ordinary share capital plus Retained earnings, Market value of Equity-Market value of Ordinary shares in issue (i.e. Market Capitalisation).

Thank you so much. I really appreciate your help.

[bekzod]

Thank you for answer!

In Paper F2 it is said that price variance is calculated on the quantity used if inventory is valued under FIFO method, isn’t it?

[Author]

Posts