It takes the weighted average of all units available for sale during the accounting period. Fixed costs are Rs. WORKING As the limiting factor in above case is the machine hours so we will go with that option which gives the maximum contribution margin per machine hour. Such costs are known as? The company uses a FIFO costing. What would be the decision? Which of the following should be regarded as relevant in the decision-making process?
Prepare a direct material purchases budget and direct material cost budget for the first three months of the year. At what sale price would the company be in different between disposing of chemical B at split off and further processing the chemical? BDH wants 6, units of L on hand at the end of the next year. She has asked her inexperienced silentlips gmail. It takes 3 direct labor hours at a rate of Rs. The company uses a FIFO costing.
Log In Sign Up. The variable cost for each unit is Rs. Each table requires 10 bd. The following schedule has been prepared: The firm receives other income of Rs. Download IT Past Papers.
Given the following data, prepare termm cash budget for the month of May, June and July. At what sales price would the company be in different between disposing of chemical B at split off and further processing the chemical?
The margin of safety for the company for May was: What would be the journal entry Passed?
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The detail of operational Income is as follows: Some factor like labor or material which are short in supply. WORKING As the limiting factor in above case is the machine hours so we will go with that option which gives the maximum contribution margin per machine hour.
Material and supplies inventory 2. It is sales value of a cost unit minus its variable cost and therefore, the amount tinal to cover Fixed Terj and generate profit Question No: LIFO results in lower net income because cost of goods sold is higher. Chemical A can be sold at split off while chemical B currently cost Rs.
What is the margin of safety papr Rs. It is vital to note that relevant costs are always future costs. Payment of principal and interest of Rs.
The equivalent units of output are 50, They could be transferred from another department to undertake the work on the special order. Product “B” has a contribution of Rs. Use this website to get benefit and give benefit. More Past Papers Subjects. The january1 finished goods inventory will be units.
The re-allocation continues until the numbers being dealt with become very small.
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What will be the margin of safety ratio? A total of 80, units were produced and sold last month. As an alternative, the calculators can be sold in their present condition for Rs.
July Projected Sales units 1, Selling price per unit Rs. How much units would be sold at break Even point?
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Production units 22, 24, Direct Materials per unit The estimated budgeted sales for the year would be Rs. The fixed cost of Rs. The cost of Rs. fnial