What is the difference between Manufacturing Account and
Trading Account?
- 3 Answers
- 25040 Views
- IBM, TATA, I also Faced
- E-Mail Answers
Answer Posted / elaine liew
manufacturing firm must calculate the factory's profit and uppc, but trading firm need to calculate the gross profit.
| Is This Answer Correct ? | 10 Yes | 2 No |
Post New Answer View All Answers
For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production
euro currency market
How shall I calculate the true profit of my business, as I am a layman for accounting.
What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
Telly ERP9 is perfect accounting softwear in excise unit.
what is the nature of bill receivable and consignmenta/c
what is purchase consideration? How does it come about and how is it treated in the books?
what is the document spliting?
Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?
What is limit of turnover for registering under CST & limit of Form 'C '
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....
WHAT IS B.E.P. CHART
what are the uniform public construction cost accounting act procedures?
