Where the Cost of labour, Material used and sales scrap (if
sales given)get effect in balance sheet
- 1 Answers
- 2189 Views
- I also Faced
- E-Mail Answers
Answer Posted / Ravi Ratnakar Choudhary
Cost of labor, materials, and sales scrap are all expenses that impact a company's balance sheet. Labor costs are recorded under 'Wages Expense', material costs are recorded under 'Materials Expense', and sales scrap is recorded as 'Cost of Goods Sold'. These amounts reduce the company's gross profit, which is calculated by subtracting total expenses from total sales.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
hai everybody... wish u all the best for those who got selected in sbi associate bank is anyone from coimbatore region attending on 27th may 2009.
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com
What is meant by advance ruling? What is the scheme of advance rulings?
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?
Anyone whose sbi interview has been over , please share all the question asked by them
what is tds rate of WCT applay for sale tax ragistard company.
tell me about roll model as father
pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com
Hi any one send me the configuration steps for make to order and make to stock in sap .send to my mail id c.sujatha2008@gmail.com
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
Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
