How to make an adjustment entry for the variation of
physical asset Vs book value of asset. For example: As per
asset register there are 1000 computers where as 950
computers are available in stores. How to make an adjustment
entries for the difference of 50 quantities?
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You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
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