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Get the free - In exercise of the powers conferred by sub-sections (1) and

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J The cost of major overhaul shall be amortized on a rational basis. 8 - m Price variances related to repairs and maintenance where standard costs are in use shall be treated as part of repairs and maintenance cost. The portion of usage variances attributable to normal reasons shall be treated as part of repairs and maintenance cost. Usage variances attributable to abnormal reasons shall be excluded from repairs and maintenance cost. Shall be maintained separately and the same shall not be...
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