correction of sundry creotors
No Answer is Posted For this Question
Be the First to Post Answer
what is the difference between backup and restore in tally software pls tell me friends?
Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??
What is the Bank Reconciliation? And How i can do its entry in busy Software
What is accrual accounting?
WHAT IS THE DIFFERENCE BETWEEN BANK BALANCE SHEET AND INSURANCE BALANCE SHEET.
Goods destroy by fire-journal entry?
A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?
What is Fixed Assets? How many depreciation types are there? How to apply depreciation on assets in a year?
What are the different accounting entries generated in PP cycle.
what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software
2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.
what are profitability ratios?
4 Answers BA Continnum Solutions, FirstSource,