Answer Posted / barodianbuddy(acca)
General answer:
COGS= OPENING STOCK + PURCHASE - CLOSING STOCK
Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
How to prepare in yearly turnover?
Wat entry ill come after paying the Cen -Excise Tax Vat Tax and Service Tax in the same time
what is difference among credit, loan, advance
what is a register when referring to accounting or bookkeeping?
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.
Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.
i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD
Define fictitious assets?
How to pass an general entry for materials which are stored in warehouses??????
When we received payment from creditors
Tell me what is gaap?
Do you use social media to identify prospects?
what is turn over? what is vat? what should ido to become a expert in acount? plese ans me
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?