http://onlineexamhelp.com/wp-content/uploads/2013/11/9706_s12_qp_11.pdfi did the some .. answer was Dwats the year ?
http://onlineexamhelp.com/wp-content/uploads/2013/11/9706_s12_ms_11.pdf
again error of consistency?
🚀 NEW from the xtremepape.rs team: AI exam prep — 150,000+ worked solutions, and it marks your handwritten working from a photo. Sign in with your forum account & try it free → prepare.xtremepape.rs
http://onlineexamhelp.com/wp-content/uploads/2013/11/9706_s12_qp_11.pdfi did the some .. answer was Dwats the year ?
npThanks sis![]()
ok thnx
ill tell u tomorrow insha'Allah
14 is A
Q15- Opening Stock and Profit have an opposite relationship.
So if it goes down, Profit for this year will increase.
This years opening stock is last years closing stock.
So if closing stock falls reserve will fall.
Hence answer: C
Q17 - Sold Stock is given at selling price, so find the cost.
which is 15000/125 * 100 = 12000
Now go backwards to find the bal at 31 December = 104000+12000-16000 = $100000 = B
Q29 - Absorption costing you take all the production overheads regardless whetehr fixed or variable then divide by the budgeted output.
So : 1200000+800000/10000 = 200 = A
Q30 - Actual fixed overheads = 360000
Under absorbed = 3000
Therefore overheads absorbed will be = 360000-3000=357000
Find OAR = 354000/118000=3
Divide the overheads absobed you found earlier by the OAR to find the actual activity = 357000/3 = 119000 = B
Q15- Opening Stock and Profit have an opposite relationship.
So if it goes down, Profit for this year will increase.
This years opening stock is last years closing stock.
So if closing stock falls reserve will fall.
Hence answer: C
Q17 - Sold Stock is given at selling price, so find the cost.
which is 15000/125 * 100 = 12000
Now go backwards to find the bal at 31 December = 104000+12000-16000 = $100000 = B
Q29 - Absorption costing you take all the production overheads regardless whetehr fixed or variable then divide by the budgeted output.
So : 1200000+800000/10000 = 200 = A
Q30 - Actual fixed overheads = 360000
Under absorbed = 3000
Therefore overheads absorbed will be = 360000-3000=357000
Find OAR = 354000/118000=3
Divide the overheads absobed you found earlier by the OAR to find the actual activity = 357000/3 = 119000 = B
Q15- Opening Stock and Profit have an opposite relationship.
So if it goes down, Profit for this year will increase.
This years opening stock is last years closing stock.
So if closing stock falls reserve will fall.
Hence answer: C
Q17 - Sold Stock is given at selling price, so find the cost.
which is 15000/125 * 100 = 12000
Now go backwards to find the bal at 31 December = 104000+12000-16000 = $100000 = B
Q29 - Absorption costing you take all the production overheads regardless whetehr fixed or variable then divide by the budgeted output.
So : 1200000+800000/10000 = 200 = A
Q30 - Actual fixed overheads = 360000
Under absorbed = 3000
Therefore overheads absorbed will be = 360000-3000=357000
Find OAR = 354000/118000=3
Divide the overheads absobed you found earlier by the OAR to find the actual activity = 357000/3 = 119000 = B
14 is A
Its theory na, loan stock is a liabitly, you owe them, hence they are creditors!
is this paper3?
is this also paper 3?
is this paper3?
All paper 1is this also paper 3?
Profit on credit and loss on debitI have this confusion always which side does the profit on dispoal come and the loss on disposal come in the disposal account?
🚀 NEW from the xtremepape.rs team: AI exam prep — 150,000+ worked solutions, and it marks your handwritten working from a photo. Sign in with your forum account & try it free → prepare.xtremepape.rs