Accounts p3 doubts

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panoramafolks

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Hasa321 said:
Can any1 help hw to do the question 3?
Answer is A:)
http://papers.xtremepapers.com/CIE/... AS Level/Accounting (9706)/9706_s06_qp_3.pdf
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Part C and D are invalid as on date of issue convertible loan stock isn't equity , it's a non current liability.
Part B is invalid as on conversion the fixed cost capital will decrease and total cost capital will increase ie, gearing ratio's numerator will decrease and denominator will increase which reduce gearing on conversion not increase it.
Part A is thus valid.
 
sycho cj

sycho cj

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the company issued shares at $20 so you multiply $10000 by $20 and substract it form 156000 of loan that is repaid so u will get 44000
for may june 2006
 
sycho cj

sycho cj

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for may june 2005 q11
the company paid 150000 consideration that follows payment of cash 20000 and 130000 of shares that are issued at premium so u divide 1.3 by 1300000 and u will get 100000 so you will multiply it by 0.5 at which the shares are issued so u will get 50000
 
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ariesfun said:
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s09_qp_3.pdf. Can someone explain que 25 , 30 12 and 9
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9.
Till the end of 31Dec08 20,000 of Debenture is redeemed.
20000 is due at 31 Dec 2009 ie, within one year so current liability is 20000.
Non-current liability remains =100 - 20 -20 = 60000.
This makes ans. A.

12.
I dont know this but i know that its related to trial and error type.

25.
Standard prime cost = $30
Production O/H = X = 1000000 / (200000/3) = $15
Y = 1200000 / (300000 / 5) = $20
Total standard cost = $65 so it's D

30.
A gives NPV of = 1.2 + 1 + 0.6 = 2.8
B gives NPV of = 1+ 2.5 = 3.5
C gives NPV of = 1.2 + 1+ 1.2 = 3.4
D gives NPV of = 1.2 + 1.2 + 2.5 = 4.9

Thus , D has highest NPV and its the ans.
 
Dudu

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Where do you Disclose the Directors Remuneration?
Directors Report?
 
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panoramafolks

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Hasa321 said:
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_w06_qp_3.pdf
can any1 explain question 22, 23, 25
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22.
First find the contribution for each product:
Y1: 64 - 18 - (37-(0.75 * 36)) = 36
Y2: 68 - 24 - (30 - (36 * 0.5)) = 32
Y3 : 84 - 27 - ( 36 - ( 36 * (2/3)) = 45
Y4 : 100 - 30 - (33 - (36 * 0.5 ) = 55

Find the material per kg used:
Y1: 18/6 = 3 kg
Y2: 24/6 = 4 kg
Y3: 27/ 6 = 4.5 kg
Y4: 30/6 = 5 kg

Find the contribution / kg:
Y1 = 36/3 = 12
Y2: 32/4 = 8
Y3: 45/4.5 = 10
Y4 = 55/5 = 11

The highest contribution per kg is from Y1 so A is the ans

23.
Production = Budgeted closing inventory + sales - budgeted opening inventory
= (600*0.5) + 300 - (300 * 0.5) = 450
450 is 0.9 of total ie, not faulty
required production = 450 / 0.9 =500 so ans. is D.

25.
Per unit cost of DM and DL = ((20000 + 30000)/1000) = 50 ( Total = 50*1200 = 60000)
Total cost of marketing = 40000
Production O/H's : variable part = ((50000-40000)/500) = 20 / unit (Total = 20 * 1200 = 24000)
Production O/H's : fixed part = (40000 - (20*1000)) = 20000

Per unit cost of 1200 units = (60000 + 40000 + 24000 + 20000 ) / 1200 = $120 ... so the ans. is D.
 
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panoramafolks

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Hasa321

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panoramafolks said:
19.
Profit at 10 students = ((100 -20 ) * 10 )-480 = 320
Profit required at 20 students is also 320
Late new course fee be x
320 = (20x) - (20*20) - 480
320 + 480 + 400 = 20x
x = 1200 / 20 = 60

Maximum reduction = 100 -60 =$ 40 so ans. is C.
Click to expand...
Thanx alot
 
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