2from the following cost production and sales data of, Ask an Expert

Management Studies

2. From the following cost, production and sales data of Decors Motor Ltd., prepare comparative income statement for three years under (i) absorption costing method, and (ii) marginal costing method. Indicate the unit cost for each year under each method. Also evaluate the closing stock. The company produces a single article for sale.
Particulars Year
2008 2009 2010
Selling Price per unit 20 20 20
Variable manufacturing cost per unit 10 10 10
Total fixed manufacturing cost 5000 5000 5000
Opening Stock (Units) - - 500
Units Produced 1000 1500 2000
Units Sold 1000 1000 1500
Closing Stock (Units) - 500 1000

View complete question

Management Theories, Management Studies

Category:- Management Theories
Reference No.:- M9502008

Have any Question?Write your Review or question?

Related Questions in Management Theories

What do you recommend that a company do to prevent andor

What do you recommend that a company do to prevent and/or solve subscriber uncollectable issues?

Healthcare information technology overview the current

Healthcare Information Technology Overview: The current healthcare industry utilizes a plethora of healthcare information technology (HIT) systems. HIT systems are designed to enhance quality outcomes, prevent adverse ev ...

Dynamic leadership assessment - reflexive journalobjectives

Dynamic Leadership Assessment - Reflexive Journal Objectives - Prepare a Personal and Professional Development Plan (PPDP) for your continued leadership development, drawing on your reflections and insights from the firs ...

What changes would you propose if you were on the central

What changes would you propose if you were on the central planning committee that made decisions for your city?

Assume that a salesman learned the price elasticity of

Assume that a salesman learned the price elasticity of demand for his products is -2.0. How many percent will increase in the total sales (revenue) if he cuts the price by 10%? Show your calculation process?

Chapter- gravity modela manufacturer of cat towers wishes

Chapter- Gravity Model A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower assembly needs for the next millennium. Currently, carpet, cylinders, yarn and fasteners are purchase ...

Describe how government-supported big business during the

Describe how government-supported big business during the Reagan Era effected the U.S. economy and labor unions.

Assessment - business research proposalfor this assessment

Assessment - Business Research Proposal For this assessment, students are expected to present a written research proposal that is based on the literature review (Assessment 1) and demonstrates their understanding of busi ...

Assignment -for this assignment analyze and discuss your

Assignment - For this assignment, analyze and discuss your personal leadership style. Based on your experiences, current readings, work experience, education, and use of self-assessment instruments describe what you thin ...

Styles of leadershipinstructionsama style with

Styles of Leadership Instructions AMA style with references When preparing for your discussion post on this case, it is recommended that you read through it several times. Read through it the first time to familiarize yo ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Management Theories Expert