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Economics, Accounting & Business: Post your doubts here!

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factory profit was 905
gross profit minus expenses were 63
add factory profit minus increase in provision of unrealised profit 18
do the cal whats the ans

i was getting a net loss of $7,000 :S, this was the only question i double checked, and i did not minus provision of unrealised profit as any information regarding it was not given
 
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i was getting a net loss of $7,000 :S, this was the only question i double checked, and i did not minus provision of unrealised profit as any information regarding it was not given
we have to create a account.
its a exam not a homework..
somethings you have to figure it out.
as the examiner stated that f.g were ranked on transfer prices.
Secondly what you have done is that you took fact overheads as office overheads
mistake!
i also did it but when rechecked my paper; found the error.
it was giving a loss of 7k yes u're right
 
Messages
240
Reaction score
124
Points
53
we have to create a account.
its a exam not a homework..
somethings you have to figure it out.
as the examiner stated that f.g were ranked on transfer prices.
Secondly what you have done is that you took fact overheads as office overheads
mistake!
i also did it but when rechecked my paper; found the error.
it was giving a loss of 7k yes u're right

if you are right, then i guess i lost a couple of marks in question 1 too and how to make the production budget asked in the paper, as no closing stock was given?
 
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43
if you are right, then i guess i lost a couple of marks in question 1 too and how to make the production budget asked in the paper, as no closing stock was given?
the examiner said that opening stock was 200 and every month he reduces his stock by 20units MAXIMUM
which means closing stock was 180
then 160
140
and soo on
 
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yes question was not asking about labour market imperfections
it was asking about wage differentials
which mere
Differential due to segmented labour market
product market structures ( dual hypothesis market )
discrimination
human capital
quality and requirement of jobs
define 4 of them with relevant diagrams
plus explanation of MRP theory
25marks
I had written about demand for labour , Derived demand, Supply of labour,MRP and a few more stuff.
I hope they're right!
 
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I know you guys will be enjoying your happy economics
Just need to tell you
ever year threshold is around 48marks !
No matter how sexy your paper went
you'll definitely loose marks
CAUSE
Examiner thinks that we have just graduated from LONDON SCHOOL OF ECONOMICS
and then he checks paper according to that caliber
got my point ?
Hahaha Yeah you're right dude. Very sad. All we can do is just pray to god
 
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