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AS level accounting paper 1 problems

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M.O.S in 20% of sales, so 20%*10000=2000 units
The formula to calculate M.O.S= Expected unit of production- Breakeven
u knw the M.O.S and expected procdution level, substitute and ull get B.E as 8000 units
Then u knw the formula how to calculate B.E (fixed cost/Contribution per unit), Fixed cost/ (5-3.5)=8000
So fixed cost is 8000*1.5=12000
 
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coz ur going from ur bank statement bal to the cash book bal, this answer is ur updated cashbook answer..
but IF cashbook balance is given and they mention that bank charges havent been entered, first u adjust for it and then find bank statement bal...

DSC_0072.jpg
So then in the above image y hav they taken bank charges when they hav started from balance per bank statement?o_O
 
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V
Variant 12!! waisay the questions were same for all the variants!!
For q12 the way to find profit is CAPITAL AT END OF YEAR - CAPITAL AT START OF YEAR + DRAWINGS , so
30000-20000+7000=17000 ans B

For q13 inventory at 31 dec 2007 is at cost so find the factory profit for it like this :40000*20%=8000
Then find the factory profit for cost of goods produced : 20%*240000=48000
It says closin inventory includes factory profit so to find the factory profit in closing stock it is : (54000*20%)/120%=9000
For factory profit showed in accounts it is like this: 8000+48000-9000=47000 ans C
 
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Thanku so much!!Dude i owe u... Can u explain me method AVCO as well??
I am panicking and forgetting the minute concepts...
 
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