Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Managerial Accounting Expert

Attempt all the problems

problem1)

“Fixed costs are really variable. More you produce less they become”. Illustrate the statement.

problem2)

“Funds Flow Statements also suffers from window dressing of accounts and therefore fails to give true view of funds movement.” Do you agree with this criticism? Give your opinion.

problem3)

prepare short notes on the following:

(i) Budget Committee

(ii) Budget Key Factor

(iii) Master Budget

(iv) Overhead Budget

problem4)

Differentiate the following:

(i) Responsibility Accounting and Conventional Cost Accounting

(ii) Standard Costing and Budgetary Control

problem5)

From books of Aggarwal Bors, following information has been extracted:

                                       Rs.
Sales                          2,40,000
Variable costs              1,44,000
Fixed costs                     26,000
Profit before tax              70,000
Rate of tax                         40%

Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,000. It could be supposed that ratio between sales and variable costs remain same. Compute.

(i) New BEP

(ii) Sales to earn present level of profit

(iii) Sales to earn expected profit on proposed investment

(iv) Maximum profit potential after tax and plant expansion

Managerial Accounting, Accounting

  • Category:- Managerial Accounting
  • Reference No.:- M92458
  • Price:- $50

Guranteed 36 Hours Delivery, In Price:- $50

Have any Question? 


Related Questions in Managerial Accounting

Suppose a firm has had the following historic sales

Suppose a firm has had the following historic sales figures: 2009: 1,450,000 2010: $ 1,710,000 2011 : $ 1,600,000 2012: $ 2,000,000 2013: $ 1,850,000 What would be the forecast for next year's sales using regression to e ...

Manual accountingthe benjamin company completed these

Manual Accounting The Benjamin Company completed these transactions during January of the current year: January 1, Began business by selling stock for $750,000.00. January 1, Rented office space for 1 month using check n ...

Managerial accounting-you have just been hired as a

Managerial Accounting- You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company's financial statement ...

Exploring potential research topicsdo the following to

Exploring Potential Research Topics Do the following to complete this assignment: • Based on your business experience and the information accumulated in this class, identify three possible research topics related to the ...

May airlines is a leading business in travelling industry

May Airlines is a leading business in travelling industry and has experienced turbulent times during the past 10 years due to stiff competition and as a result of global slowdown in the world economy. It has now emerged ...

Accounting assessment1 ohio corporation sells its product

Accounting Assessment 1. Ohio Corporation sells its product for $16 per unit and incurs variable costs of $10 per unit and total fixed costs of $12,000. What is Ohio Corporation's break-even point for sales of this produ ...

Wyoming community college has three divisions liberal arts

Wyoming Community College has three divisions: Liberal Arts, Sciences, and Business Administration. The college's comptroller is trying to decide how to allocate the costs of the Admissions Department, the Registrar's De ...

Exercise- estimating cost behaviorhigh-low methodjonathan

Exercise- Estimating Cost Behavior;High-Low Method Jonathan Macintosh is a highly successful Pennsylvania orchardman who has formed his own company to produce and package applesauce. Apples can be stored for several mont ...

You have almost convinced yourself that there might be a

You have almost convinced yourself that there might be a successful business in the idea of bringing senior citizens together in arcades to play various games on Wii (or something similar). You think about how people lik ...

Managerial accountingvenus brewery is a craft brewery that

Managerial Accounting Venus Brewery is a craft brewery that produces a special light beer for ladies. The beer are processed sequentially in two departments (Department X and Department Y) before the final products are t ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro