Answer Posted / smrutipriya meher
Loose tools come under current assets.
| Is This Answer Correct ? | 34 Yes | 20 No |
Post New Answer View All Answers
Apportionment of expenses
what is consignment entry?
Why is accuracy important in accounting?
what do you mean byrecoupment of shortworkings in royalty accounts
Tell me what is an over accrual?
is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power
WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET
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 is purchasing order?
What is accrual accounting?
When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.
What are the four classifications of bad and doubtful debts as per the context of the bank?
How do I record a prior year property tax refund on sale of asset due to overvaluation
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
Hai Experts can any one send me some finance interview questions ,my mail id is c.sujatha2008@gmail.com,please send quickly it's so need.