- Messages
- 553
- Reaction score
- 1,080
- Points
- 73
Yeah A2 also if can please =)
We are currently struggling to cover the operational costs of Xtremepapers, as a result we might have to shut this website down. Please donate if we have helped you and help make a difference in other students' lives!
Click here to Donate Now (View Announcement)
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.
uhmmm in this question i am not getting any of the answers...
Do the honorswat qstn?
https://www.xtremepapers.com/commun...business-post-your-doubts-here.10459/page-342uhmmm in this question i am not getting any of the answers...
View attachment 41148
Yup.but i gotta issue....if the dr balence in purchace ledger control a/c is added....as it is an asset.....will it also work for if we were trying to find thefigure for trade payables....meaning wont 2900 be a current liability that we should add aswell?
Balance sheet shows Finished goods at cost and trading account shows inventory at Transfer value. Transfer value= Cost+ factory profit(F.P). F.P= cost*F.P%and for this one:
View attachment 41153
Balance sheet shows Finished goods at cost and trading account shows inventory at Transfer value. Transfer value= Cost+ factory profit(F.P). F.P= cost*F.P%
To calculate the amount of factory profit realised or credited we use the following formula: F.P on Opening Inventory + F.P on Cost of production - F.P on closing inventory. In this case F.P is 20%, Cost 100%,Transfer value will be 120%.
So using the above formula now: Realised F.P= (40000*20%)+ (240000*20%)-((54000/120%)*20%)=$47000.
uhmmm in this question i am not getting any of the answers...
View attachment 41148
in this question my doubt is....why were the intrest on capital not deducted.....and how was the profit share done?
View attachment 41279
For almost 10 years, the site XtremePapers has been trying very hard to serve its users.
However, we are now struggling to cover its operational costs due to unforeseen circumstances. If we helped you in any way, kindly contribute and be the part of this effort. No act of kindness, no matter how small, is ever wasted.
Click here to Donate Now