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Economics, Accounting & Business: Post your doubts here!

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AND SOMONE SAID HERE THAT ADMISSION AND RETIREMENT OF PARTNERS IS ALSO IN THE SYLLABUS OF P2....I AGREE BUT I THINK IT IS HIGHLY UNLIKELY TO COME IN P2........
RIGHT???
 
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AND SOMONE SAID HERE THAT ADMISSION AND RETIREMENT OF PARTNERS IS ALSO IN THE SYLLABUS OF P2....I AGREE BUT I THINK IT IS HIGHLY UNLIKELY TO COME IN P2........
RIGHT???

acoouns right ? yea even i think its unlikely but to be on the safer side make sure you know it. cuz you never whats gonna come in the ppr, so better safe than sorry. :)
 
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guys idk if i hv screwd up....urgh.....i think i gt d oar, d value of d vehicle n sm oder wrng.......:( :( :(......man i really wntd to do well in accounts...
 
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acoouns right ? yea even i think its unlikely but to be on the safer side make sure you know it. cuz you never whats gonna come in the ppr, so better safe than sorry. :)
YEAH YOU ARE RIGHT BUT......I DONT THINK IT'S GONNA COME
 
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I AM NOT SURE WHAT IS GONNA COME OR NOT.......
BUT I THINK THAT PARTNERSHIP AND BREAK EVEN MAY COME........PERHAPS....JUST A GUESS
 
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question 28, the marginal and abosrption question!
guys, plz help.. i want to check my answers, i need the correct answers :S

well according to me it was A.

absorption in valuing inventory because it would allow a more realistic estimate as it considers fixed overhead cost in closing inventories. As the goods were being sold below selling price, the firm would again use absorption costing because its now selling good below the price and need to cover fixed expenditure and so will add it in the price. if the firm used marginal costing approach, it would not consider fixed cost and contribution earned will only cover variable expense
 
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NO IT WAS .....ABSORPTION AND THEN MARGINAL
well according to me it was A.

absorption in valuing inventory because it would allow a more realistic estimate as it considers fixed overhead cost in closing inventories. As the goods were being sold below selling price, the firm would again use absorption costing because its now selling good below the price and need to cover fixed expenditure and so will add it in the price. if the firm used marginal costing approach, it would not consider fixed cost and contribution earned will be low
 
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HELLO..........CAN ANYONE TELL ME WHAT ALL DO I NEED TO CONCENTRATE FOR TOMORROW'S BS PAPER 2???ANY GUESSES OR IMP TOPICs?HELP
 
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well according to me it was A.

absorption in valuing inventory because it would allow a more realistic estimate as it considers fixed overhead cost in closing inventories. As the goods were being sold below selling price, the firm would again use absorption costing because its now selling good below the price and need to cover fixed expenditure and so will add it in the price. if the firm used marginal costing approach, it would not consider fixed cost and contribution earned will be low
I am not sure abt it...bt I think the second one is marginal. Even if a business is selling below the price it will continue till it has a positive contribution. This can be analysed only through marginal costing. I may be wrong..bt this is wat i understood.
 
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I am not sure abt it...bt I think the second one is marginal. Even if a business is selling below the price it will continue till it has a positive contribution. This can be analysed only through marginal costing. I may be wrong..bt this is wat i understood.

then the firm will not sell below the selling price. if it could make a profit on selling price then why charge a low price. never mind, that question was confusing
 
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HELLO..........CAN ANYONE TELL ME WHAT ALL DO I NEED TO CONCENTRATE FOR TOMORROW'S BS PAPER 2???ANY GUESSES OR IMP TOPICs?HELP
Going through the past papers i noticed that every year has the accounting stuffs and questions in the d, e parts are mostly related to motivations, marketing, stock control and HRM.
 
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then the firm will not sell below the selling price. if it could make a profit on selling price then why charge a low price. never mind, that question was confusing
I might not have the exact logic behind it...bt i knw that the absorption,marginal. is the correct answer. i had read it.
 
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