Interested to Buy Any Domain ? << Click Here >> for more details...
whatis the meaning of Depreciation? and why it will charge?
- 6 Answers
- 10600 Views
- I also Faced
- E-Mail Answers
Answer Posted / shraddha
depreciation means decrease in the value of assets.
the formula of depreciation is=cost-scrap value/no.of years
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
What is an accounting transaction?
Please give me as example of service tax & Vat Posting through Tally.
What are time sheets?
Mention in simple terms what is the difference between asset, equity, and liabilities?
What are the different types of gst?
what is the amount withdrawlfrom other cbs branch by multicity chequ book.
Please provide me the entire format of P.F. & ESI
what is the process of cenvat credit taken in service tax( in direct & indirect service)
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 steps would you take to locate the errors in case trial balance disagrees?
Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?
In which account does the unpresented cheque will get recorded?
What is the difference between perpetual & periodic inventory system?
Are you comfortable with cold-calling?
What is cash flow and fund flow?
