AS Level Accounting Doubts

[Navjot Singh]

I have a doubt in http://papers.xtremepapers.com/CIE/...AS Level/Accounting (9706)/9706_w09_qp_11.pdf , this paper.... question No. 30 . The answer is D
Please help me ...

 

[Waleed007]

Use this formula: difference in profit=difference in stock x overhead rate.
So, 120300-100800= 28200-25200 take aborption rate as x
19500=3000x
x=19500/3000
x=6.50. Hence, answer is D

 

[Navjot Singh]

Thanks ... it's easy but its tricky !!

 

[Waleed007]

Thanks ... it's easy but its tricky !!

Yeah its easy! And no problem

 

[Hasa321]

How to get the answer as B?

 

[Hasa321]

Hw to get answer as A?

 

[Waleed007]

View attachment 24756

How to get the answer as B?

Take 'x' as sales and net profit 20% as 0.2x
Increase in stock means that its a closing stock and it will deducted from the purchases, now deduct overheads expenses.
Here it goes:
x-600-400=0.2x
use simple maths...
x-0.2x=1000
0.8x=1000
x=1000/o.8
x=1250. Hence, the answer is B

 

[Hasa321]

Take 'x' as sales and net profit 20% as 0.2x
Increase in stock means that its a closing stock and it will deducted from the purchases, now deduct overheads expenses.
Here it goes:
x-600-400=0.2x
use simple maths...
x-0.2x=1000
0.8x=1000
x=1000/o.8
x=1250. Hence, the answer is B

Thanx alot

 

[Waleed007]

Thanx alot

No problem

 

[Hasa321]

No problem

For this hw do we get the answer as A?

 

[Hasa321]

Can any1 explain to me in this paper for question 9 hw do we get the answer as A?

http://papers.xtremepapers.com/CIE/... AS Level/Accounting (9706)/9706_s05_qp_1.pdf