Answer Posted / naveen
the term of diplapidation to damage done to building or other property during tennancy.
| Is This Answer Correct ? | 9 Yes | 1 No |
Post New Answer View All Answers
Do you know in accounting, vat abbreviates what?
If the company acquires equipment prior to incorporation what are the accounting entries?
Differentiate between provision and reserve?
what is penaultimate sale
Tell me the meaning of long-term notes payable is or long term liabilities?
How familiar are you with crm?
Recent trends in Corporate Governence?
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.
Tell me what is working capital?
Do you know company's payable cycle?
What is accounting normalization?
In the balance sheet, where do you show tds?
What do you think is a bank reconciliation statement?
CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT
Explain what is involved in the process of double-entry accounting?