Answer Posted / srikar.p
ACCOUNT: It is a "Statement consolidated picture of
Transcation"
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What accounts are to be debited and credited in this case o
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
What is the entry for provision?
plz can some one tel me "The concept of stock holder's equity and paid in capital".
what is the enty for contract bill raised?
What is royalty reserve?
WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
How to prepare finalization accounts?
What are a debit note and credit note with an example?
In which account does the unpresented cheque will get recorded?
How to pass the entry in tally for demolished of building?
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.
Why TDS not Deducted on Service tax amount of Rent.
What does the investment of personal assets by the owner will do?