Accounting doubts & Queries

[Crimson-Saint]

1)Total Overhead= Variable overhead + Fixed overhead.
2) Variable Overhead= Variable overhead rate per hour mutliply by no. of labour hours.

So using the data of month May, Total overheads as $986000 and Labour hours as 68000 and variable rate as$5
986000= 340000(68000 into 5) + Fixed cost.
Fixed cost= 986000- 340000= $646000.Ans

thank you so much....and if anyone also has any questions on AS level accounts ill try my best to help....

 

[:: A^]

thank you so much....and if anyone also has any questions on AS level accounts ill try my best to help....

Which variant do you do?

 

[Crimson-Saint]

12 and u? which of the 3 is the hardest? :/

 

[:: A^]

12 and u? which of the 3 is the hardest? :/

Same, its not really like that. The examiner says that all three papers test the same level of standard.

 

[hitler575]

Try these mcqs too. These are the toughest Mcqs in As-level. Correct the answer column 1)B, 22)B. Ask any other if you feel doubt in the anwser.

 

[Sarah Paul]

Why should we include debentures under equity in the equation fr return on capital employeds equation? hitler575 :: A^,and the others
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s13_qp_12.pdf
Q22

 

[hitler575]

C

Why should we include debentures under equity in the equation fr return on capital employeds equation? hitler575 :: A^,and the others
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s13_qp_12.pdf
Q22

Capital employed means the total amount of capital we have financed either through Owner's equity or long term loans. Therefore we add Debentures too. And other way of calculating Capital Employed= Total Assest- Current Liabilities.

 

[Sarah Paul]

C

Capital employed means the total amount of capital we have financed either through Owner's equity or long term loans. Therefore we add Debentures too. And other way of calculating Capital Employed= Total Assest- Current Liabilities.

Hmmm ok
I frgt abt tht equation

 

[Crimson-Saint]

Why should we include debentures under equity in the equation fr return on capital employeds equation? hitler575 :: A^,and the others
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s13_qp_12.pdf
Q22

http://www.capitalemployedformula.com/

 

[Sarah Paul]

http://www.capitalemployedformula.com/

Thanks by the way

 

[:: A^]

Try these mcqs too. These are the toughest Mcqs in As-level. Correct the answer column 1)B, 22)B. Ask any other if you feel doubt in the anwser.

Thanks for this man. i owe you one!

 

[Crimson-Saint]

in questions like these they might change it like...th bad debts "are to be written off" instead of "had been written off" so what do we do in each of these cases? :/

 

[hitler575]

View attachment 41139

in questions like these they might change it like...th bad debts "are to be written off" instead of "had been written off" so what do we do in each of these cases? :/

Simple!"Had been"means bad debts are already deducted from debtors,"Are to be" mean you will have deduct it.

 

[Crimson-Saint]

Simple!"Had been"means bad debts are already deducted from debtors,"Are to be" mean you will have deduct it.

phew! good jus needed to make sure,,,,and in this question how do i find the contribution?

 

[Crimson-Saint]

Thanks for this man. i owe you one!

exactly! this is JUST perfect....i can get to know all my queries from this the perfect tool for revision just before the exam

 

[Sarah Paul]

phew! good jus needed to make sure,,,,and in this question how do i find the contribution?
View attachment 41143

the ans is C bt i dnt knw hw to find it

 

[:: A^]

the ans is C bt i dnt knw hw to find it

phew! good jus needed to make sure,,,,and in this question how do i find the contribution?
View attachment 41143

Wont be doing this paper until Monday or Tuesday Morning In sha Allah. So not gonna work it out right now, jus gonna tell you how things work
Find total cost for both levels.
Use the difference in cost divided by difference in units to find VC/Unit, using which find contribution and then find C/S ratio.

 

[David Hussey]

Try these mcqs too. These are the toughest Mcqs in As-level. Correct the answer column 1)B, 22)B. Ask any other if you feel doubt in the anwser.

sir is this AS or A2 or both?

 

[:: A^]

sir is this AS or A2 or both?

AS

 

[David Hussey]

AS

oh

Try these mcqs too. These are the toughest Mcqs in As-level. Correct the answer column 1)B, 22)B. Ask any other if you feel doubt in the anwser.

sire do u have for A2 as well? if so can u upload? would be really grateful! and any tips for paper 4?