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Economics, Accounting & Business: Post your doubts here!

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  • Manufacturing_Account.ppt
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all you have to do is 3000x20/120=500

ÜProvision of unrealized profit of on stock should be made if closing stock of manufactured goods is valued at transfer price.
stock (at transfer price )x mark-up% /100%+mark-up%
Nice presentation:)
 
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here first calculate total subsciption as 75 multiply by 95=7125.
then calculate cost of sales.......which is opening stock+purchases-closing stock=865.
so 7125-865-overheads=1560
therefore answer is a.
 
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I have the mark scheme dude, I want to know HOW it's done.
see dude

1 200 000
add

800 000
add
nt the fixed selling overheads as it says absorption cost basis........and so the budgeted units are 10000 so divided by

10 000
which will give u 200:)
 
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