Economics, Accounting & Business: Post your doubts here!

[David Hussey]

Can someone explain how its C?
O/N/2012 V32

what the hell is this???

 

[:: A^]

what the hell is this???

exactly my thought

 

[panoramafolks]

what the hell is this???

Expected cash flow w/o equipment = (180000)
Expected Discounted cash flow when purchased = (65000)

Incremental savings on the negative cash flow = 180 - 65 = $67000 so the ans is C. BY the way Nice pic BRO!

 

[AlphaBeta]

Expected cash flow w/o equipment = (180000)
Expected Discounted cash flow when purchased = (65000)

Incremental savings on the negative cash flow = 180 - 65 = $67000 so the ans is C. BY the way Nice pic BRO!

how man ? can u explain the last line again ?

 

[CЯeScɘnt]

exactly my thought

how man ? can u explain the last line again ?

just think generally, will you buy anything if you know that the cost will be more than before?

No! ryt, so we will calculate the expected gain or decrease in cost as the result of that machine. Real gain will obviously calculated from discounted factor, so difference the cost without the machine and the cost with the machine.

 

[:: A^]

Yea but that difference is supposed to be taken from discounted, not 180 like panorama said.. must be a typo...

 

[CЯeScɘnt]

how man ? can u explain the last line again ?

132000-65000=67000
got it?

 

[AlphaBeta]

132000-65000=67000
got it?

logic in that ?
i got the calculation bt nt da logic -_-

 

[CЯeScɘnt]

logic in that ?
i got the calculation bt n da logic -_-

^i told you

 

[ayushUcchil]

Guys, how was economics paper 2? No discussing the questions for 24 hours, but how was it?

 

[panoramafolks]

Yea but that difference is supposed to be taken from discounted, not 180 like panorama said.. must be a typo...

132000-65000=67000
got it?

logic in that ?
i got the calculation bt nt da logic -_-

sorry my bad ... type error and CЯeScɘnt is right

 

[cool Asviva]

http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_w12_qp_31.pdf
question#3
they have not said goodwill is not to be retain then why is it assumed?
ans =c.
anyone?

 

[CЯeScɘnt]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w12_qp_31.pdf
question#3
they have not said goodwill is not to be retain then why is it assumed?
ans =c.
anyone?

it is always stated when goodwill is to be retained in the books but if it is not specified we assume that it is not to be retained.

 

[cool Asviva]

http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_w12_qp_33.pdf
question # 19? please show calculation
ans =c

 

[CЯeScɘnt]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w12_qp_33.pdf
question # 19? please show calculation
ans =c

direct material per unit=6000/(1800+200)=3
direct labor per unit =3800/(1800+100)=2
overheads per unit =1900/(1800+100)=1
cost of WIP =(3x200)+(2x100)+(1x100)=$900

 

[rupa]

http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_w10_qp_32.pdf
i have doubt in question 28,3,4
can someone help me fast....

 

[afshinsalim]

hey guys, i need help in question 20 w06 paper 3.
Q. the data relates to two different levels of output in a department:
machine hours: 16000 20000
overheads: 214000 230000
what is the amount of fixed overheads?

 

[SalmanPakRocks]

hey guys, i need help in question 20 w06 paper 3.
Q. the data relates to two different levels of output in a department:
machine hours: 16000 20000
overheads: 214000 230000
what is the amount of fixed overheads?

Use high low method
change in overhead/change in machine hour

230000 - 214000/20000 - 16000 = $4 <= this is the variable cost
Now to find fixed cost, subtract variable cost.
16000 x 4 = 64000
214000 - 64000 = $150,000

 

[3fatak]

http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_w10_qp_32.pdf
i have doubt in question 28,3,4
can someone help me fast....

appy the formula for q28
Labour efficiency variance = (standard lbr hours -actual lbr hours) x standard lbr hours
= (40000-36000) x 6
= 24000 FAV
Labour rate variance = (standard wage rate - actual wage rate) x actual lbr hours
= (6 - 6.3) x 36000
= 10800 AD
so its A

 

[3fatak]

http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_w10_qp_32.pdf
i have doubt in question 28,3,4
can someone help me fast....

for q3 closing stock of year 1 was overstated by 2000
when closing stock is over valued the profits decrease and cost of goods sold increase for that year
so cost of goods sold will be 240 +2 = 242 and profit will be 30 - 2 = 28
Now the closing stock of year 1 is the opening stock of year 2
when opening stock is overvalued the profits increase and cost of goods sold decrease
so the profit will be 40 + 2 = 42 and cost of sales will be 320 - 2 = 318
answer is C