Answer Posted / simran
Variable cost is a fluctuating cost.it varies according to
number of unit produced.
if no of unit increased variable cost also increases
if no of unit decreased variable cost also decreases.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what are the questions commomly asked in reuter's interview.?
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Reserve Capital and Reserve Capital
in what form is crr kept in RBI?
My BASIC Salary is 18,000
Raj & Raj Ltd purchased a machinery on 01.01.1996 for Rs.88,000.The life of the machine estimated to be 5 Yrs.It was calculated that the old machinery would fetch Rs.8000 at the end of its useful life.it was decided to replace the machinery at the end of the 5th year by setting up depreciation fund and invest the annual depreciation (along with interest earned each year) in gilt edged securities carrying interest at 5% p.a. At the end of the 5th Year the securities were sold for Rs.9000.As per the sinking fund table Rs.14,478 is to be invested every year.A new machine was purchased on 01.01.2001 for Rs.1,00,000.pass the journal entries and show the ledger accounts
i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?
What is the content of purchase order? n content of voucher? what is the main use of voucher.
what are the important steps to take during the conversion of an accounting system.
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
Explain significance of Nastro and Vastro in accounts?
what is the difference between planned and non planned budgt
How to raise my credit score if I have 500 credit score?
Name some errors which can be detected by Trial Balance
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
