Economics, Accounting & Business: Post your doubts here!

[wajiman]

u alone or cmplete hall????

it was complete hall

 

[umarFM]

Complete hall, cos of power fluctuations. I took 4 minutes actually, bahaha

awesome..

 

[redapple20]

Thankyou awl! I tried to tel the examiner but "it" was freaky! With combination to da room!

 

[umarFM]

2nd question may wat was the balancing figure???

 

[redapple20]

2nd question may wat was the balancing figure???

hahaha bht achi baten krte hain ap ab chup hojaen

 

[umarFM]

hahaha bht achi baten krte hain ap ab chup hojaen

 

[redapple20]

shhh! Mod ajaega!

 

[redapple20]

Bizz purch combined wid partnership and budgeting jusst my very own guess!

hahahaha

 

[redapple20]

Kal kis kis ka eco hai? Best of luck evry1!

 

[Paradoxical]

I am not at all looking forward to economics tomorrow. :/

 

[vita199]

da paper was sooo hard in da lasts question how were we supposed to make da flexible buget??

 

[umarFM]

da paper was sooo hard in da lasts question how were we supposed to make da flexible buget??

actual activity level with budgeted prices...

 

[omegavamp]

Paper was m'eh. I messed up the manufacturing account. >__________>

 

[MnMz]

redapple20: HAPPY BIRTHDAAAY !! =)

 

[WaleedUQ]

Bechara waleed bht disheartened tha!

guys im also expecting more than 87
i was looking for an A*
A hee saqta hai ab ..
eco mien ill do it for an A*

 

[redapple20]

guys im also expecting more than 87
i was looking for an A*
A hee saqta hai ab ..
eco mien ill do it for an A*

we wil awl pray that the examiner goes blind and stil gives u an a star! chill and study fr tommz while i relaxxx!

 

[WaleedUQ]

Ohkay guys soo here is the scene :
factory profit was around 905
operationg profit was 63 + 905 - 15 ( unreal profit )
438 /120% = Balance sheet Closing stock + 235 + wip stock
come to q2
83000/3 for share of profit
drawings were 61 30 42 or 61 32 40
second you guys didnt notice that Clearkle loan was to be repaid half 20k
it was short term loan which means less than a year and it said loan was not paid during the year end.
balance sheet was balancing around 93336 93346 aesi kuch 90' mien thi
loan of quilp was around 49 000 to 51000 i think 50's mien arha tha .
current account balance of two partners was DR
Hexham ka tha and shayed Quilp ka
10334 aur shayed 600 something cr balance 7334

prod budget was like opening stock 200 closing 180
phir opening 180 closing 160
semi variable mien variable cost 4$ per unit thi
fixed cost were 15000+ 28500 /15 tha contribution shayed
Breakeven was around 2150 ya aesi kuch end mien 50 tha
come to last question
it was FLEXIBILITY BUDGET which means
This budget was to be made FINAL
but if still we had to show ACUTAL and Budgeted statement then Flexed statement
Sales ( Actual quantity x Standard price )
less: Variable cost of prod.
D.M ( Standard Direct material kilo x Rate )
D.L ( Standard Direct hours x Rate )
VOH ( standard quantity 4000 x 4 )
Fixed over heads yaad nahi
Give any 3 variances to reflect ur ans
i think aesa kuch tha if i am wrong correct me

 

[redapple20]

Ohkay guys soo here is the scene :
factory profit was around 905
operationg profit was 63 + 905 - 15 ( unreal profit )
438 /120% = Balance sheet Closing stock + 235 + wip stock
come to q2
83000/3 for share of profit
drawings were 61 30 42 or 61 32 40
second you guys didnt notice that Clearkle loan was to be repaid half 20k
it was short term loan which means less than a year and it said loan was not paid during the year end.
balance sheet was balancing around 93336 93346 aesi kuch 90' mien thi
loan of quilp was around 49 000 to 51000 i think 50's mien arha tha .
current account balance of two partners was DR
Hexham ka tha and shayed Quilp ka
10334 aur shayed 600 something cr balance 7334

prod budget was like opening stock 200 closing 180
phir opening 180 closing 160
semi variable mien variable cost 4$ per unit thi
fixed cost were 15000+ 28500 /15 tha contribution shayed
Breakeven was around 2150 ya aesi kuch end mien 50 tha
come to last question
it was FLEXIBILITY BUDGET which means
This budget was to be made FINAL
but if still we had to show ACUTAL and Budgeted statement then Flexed statement
Sales ( Actual quantity x Standard price )
less: Variable cost of prod.
D.M ( Standard Direct material kilo x Rate )
D.L ( Standard Direct hours x Rate )
VOH ( standard quantity 4000 x 4 )
Fixed over heads yaad nahi
Give any 3 balances to reflect ur ans
i think aesa kuch tha if i am wrong correct me

waleed? 24 hours not up!

 

[WaleedUQ]

waleed? 24 hours not up!

what do u mean by 24hrs not up :S

 

[redapple20]

Ohkay guys soo here is the scene :
factory profit was around 905
operationg profit was 63 + 905 - 15 ( unreal profit )
438 /120% = Balance sheet Closing stock + 235 + wip stock
come to q2
83000/3 for share of profit
drawings were 61 30 42 or 61 32 40
second you guys didnt notice that Clearkle loan was to be repaid half 20k
it was short term loan which means less than a year and it said loan was not paid during the year end.
balance sheet was balancing around 93336 93346 aesi kuch 90' mien thi
loan of quilp was around 49 000 to 51000 i think 50's mien arha tha .
current account balance of two partners was DR
Hexham ka tha and shayed Quilp ka
10334 aur shayed 600 something cr balance 7334

prod budget was like opening stock 200 closing 180
phir opening 180 closing 160
semi variable mien variable cost 4$ per unit thi
fixed cost were 15000+ 28500 /15 tha contribution shayed
Breakeven was around 2150 ya aesi kuch end mien 50 tha
come to last question
it was FLEXIBILITY BUDGET which means
This budget was to be made FINAL
but if still we had to show ACUTAL and Budgeted statement then Flexed statement
Sales ( Actual quantity x Standard price )
less: Variable cost of prod.
D.M ( Standard Direct material kilo x Rate )
D.L ( Standard Direct hours x Rate )
VOH ( standard quantity 4000 x 4 )
Fixed over heads yaad nahi
Give any 3 variances to reflect ur ans
i think aesa kuch tha if i am wrong correct me

wasnt corrected appropriation 82500?