Accounting 0452 Paper 2 help needed!

[jaideep]

http://www.xtremepapers.com/papers/CIE/Cambridge IGCSE/Accounting (0452)/0452_w10_qp_21.pdf
guys how do we calculate the stock using the mark up? See question 1

 

[Shivangi]

There is no mark up or stock valuation question in the link of the paper you gave. Give a proper link And the question no.
I can't tell you much without the question but, mark up % is taken on the cost and margin is taken on sales...

 

[rana14197]

Margin= (GP/Cost of sales) x 100
Here comes the math part : let closing stock be (X)
Cost of sales=Inventory (stock) 1 October 2009 + Purchases (-$1900) - X = 19500 +176000-1900 - X = 193600 -X
GP= Revenue - [Inventory (stock) 1 October 2009 + Purchases (-$1900) - X] = 216 000 - [193600-X] = 22400 + X
This means that :
(22400 +X / 193600 -X) x 100 = 25
................continue

 

[jaideep]

Margin= (GP/Cost of sales) x 100
Here comes the math part : let closing stock be (X)
Cost of sales=Inventory (stock) 1 October 2009 + Purchases (-$1900) - X = 19500 +176000-1900 - X = 193600 -X
GP= Revenue - [Inventory (stock) 1 October 2009 + Purchases (-$1900) - X] = 216 000 - [193600-X] = 22400 + X
This means that :
(22400 +X / 193600 -X) x 100 = 25
................continue

Thank you bro.
Can you help in the manufacturing account as well the link is below, see question 4.
Please tell me what do we have to do with the direct factory wages accrued, there are two amounts given and i'm totally confused.

 

[omar hazem]

please i need help in nov 11 paper 22 the last question, why the current assets aren't affected although there stock level will change??

 

[bfc_3ray]

please i need help in nov 11 paper 22 the last question, why the current assets aren't affected although there stock level will change??

sorry...///tried a lot,,,bt nt able 2 get any ans..

 

[ThatReallyReallyWeirdDude]

Margin= (GP/Cost of sales) x 100
Here comes the math part : let closing stock be (X)
Cost of sales=Inventory (stock) 1 October 2009 + Purchases (-$1900) - X = 19500 +176000-1900 - X = 193600 -X
GP= Revenue - [Inventory (stock) 1 October 2009 + Purchases (-$1900) - X] = 216 000 - [193600-X] = 22400 + X
This means that :
(22400 +X / 193600 -X) x 100 = 25
................continue

They don't accept answers in that form :|
Yeah you'll get a few marks but not full marks, should make a trading account for full marks.
It sucks.

 

[Numnum]

Margin= (GP/Cost of sales) x 100
Here comes the math part : let closing stock be (X)
Cost of sales=Inventory (stock) 1 October 2009 + Purchases (-$1900) - X = 19500 +176000-1900 - X = 193600 -X
GP= Revenue - [Inventory (stock) 1 October 2009 + Purchases (-$1900) - X] = 216 000 - [193600-X] = 22400 + X
This means that :
(22400 +X / 193600 -X) x 100 = 25
................continue

If I'm not wrong, margin = gross profit/sales and mark-up=gross profit/cost of sales?

 

[omar hazem]

sorry...///tried a lot,,,bt nt able 2 get any ans..

i think it will be affected as the stock levels will change so how??
please anyone helps us in this question

 

[lololo]

http://www.xtremepapers.com/papers/CIE/Cambridge IGCSE/Accounting (0452)/0452_s11_qp_23.pdf
q4 how is disposal 1600?

 

[ThatReallyReallyWeirdDude]

http://www.xtremepapers.com/papers/CIE/Cambridge IGCSE/Accounting (0452)/0452_s11_qp_23.pdf
q4 how is disposal 1600?

Depreciation?
It says depreciation isn't charged on year of sale.
That office equipment was bought on April 2008
So Apr. 2008 ->March 2009, April 2009-March 2010, Sale on Dec 2010
So two years of depr. = 20%*4000*2=1600.

 

[Bassem]

any help needed? Bassem is ready to help you as long as he is awake.