What is an adjusting journal entry?

1008

Tell us what is icai?

1093

purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law

1822

What is the objective of the balance sheet?

1183

what is a state cheque? how it differes from stale cheque?

2469

Do you use social media to identify prospects?

1155

2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

2280

Types of errors in account

1604

What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?

2613

Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method

2005

Tell me what is the equation for acid-test ratio in accounting?

953

can i material bill book in miro without vat on transport charges ?

2058

When we received payment from creditors

1653

sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example

1893

what is t code of journal voucher report with amount?

2229