Answer Posted / shashi
no profit no loss is called break even point
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what do you mean byrecoupment of shortworkings in royalty accounts
I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this.
Wipro Limited
Dear candidate
Your Resume has been selected by ( Wipro Limited). I have attached your
Interview Process letter with this email. Kindly see the attached file.
Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm,
Company Website – www.wipro.com
Note - And more details you send a email Company
Email Add – career@wiprolimited.in
Best Of Luck
For More Details Please Click Here
Wipro Limited 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. Trial balance as on 31st March, 2014
Particulars Debit
Pula
Particulars Credit
Pula
Wages 14 100 Dividends received 4 300
Salaries 13 000 Bank overdraft 41 000
Opening Stock 40 000 Returns 1 000
Machinery 49 000 Creditors 14 200
Investments 30 700 Sales 258 500
Drawings 23 000 Capital 30 000
Purchases 130 000
Returns 2 000
Debtors 18 000
Advertising 13 400
Interest 4 800
Cash 11 000
349 000
=======
349 000
========
Additional information:
1. Closing stock is valued at P53 000.
2. Wages include P350 being advance against wages.
3. Wages include P1 000 paid for erection of machinery.
4. A purchase of stationery for P430 has been inadvertently included in the
Purchases account.
5. A sale of investments with a book value of P2 600 for P2 500 has been included
in the Sales Account.
6. Salaries include P150 per month paid to the proprietor’s domestic servant.
7. Machinery is to be depreciated by 10 per cent.
Required:
a. The revenue statement (Trading and Profit and Loss Account) for the year ended
31st March 2014 and
b. Statement of financial position (Balance Sheet) as on 31st March, 2014. how to individual capital account. What are the methods used in different industries for labor
and non-labor costs in Projects. What is the use of accounting? Is it legal for an organization to keep two sets of
accounting records; one for tax and one for book? Why or
why not? Please give me a suggession to calculate the T.D.S,E.S.I,P.F,
From salary which is in gross Rs. 15000/. What are its characteristic features of financial accounting? Define dual aspect term in accounting? List out some of the examples for liability accounts? WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268
FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY Explain financial accounting. By saying, perpetual or periodic inventory system; what do we mean?
