+1-415-315-9853

info@mywordsolution.com

## Accounting

 Accounting Basics Cost Accounting Financial Accounting Managerial Accounting Auditing Taxation

problem 1: A company manufactures a single product and the data regarding the product is as shown below:

a) Sales price of Rs 10

b) Marginal cost of Rs 6.

c) Fixed costs are Rs 60,000 p.a.

Required:

Compute:

a) Number of units to break-even.

b) Sales at break-even point.

c) Contribution/sales (C/S) ratio.

d) What number of units will require to be sold to accomplish a profit of Rs 20,000 p.a.

e) What level of sales will accomplish a profit of Rs 20,000 p.a.

f) Since of increasing costs the marginal cost is expected to increase to Rs 6.50 per unit and fixed costs to Rs 70,000. If the selling price can’t be raised what will be the number of units needed to maintain a profit of Rs 20,000 p.a?

problem 2:

a) Your company regularly employs material X and presently has in inventory 500 kgs for which it paid Rs 1,500 two weeks ago. If this were to be sold as raw material, it could be sold today for Rs 2.00 per kg. You are aware that the material can be bought on the open market for Rs 3.25 per kg; however it should be purchased in quantities of 1,000 kgs.

Required:

Find out the relevant cost of 600 kgs of material X to be used in a job for a customer.

b) In short term decision-making context, which one of the given would be a relevant cost:

• Specific development costs already incurred.
• The cost of special material that will be purchased.
• The original cost of raw materials presently in inventory that will be used on the project.

Cost Accounting, Accounting

• Category:- Cost Accounting
• Reference No.:- M96676

Have any Question?

## Related Questions in Cost Accounting

### Accounting assignment1 punch products inc is considering

Accounting Assignment 1. Punch Products, Inc. is considering purchasing a new production machine and has assembled the following information from two vendors of the machine that it is considering buying:   A Products B P ...

### Scenario-you seemed to develop significant interest with

Scenario- You seemed to develop significant interest with your talk on the future of cost accounting. Your boss has heard about the excellent presentation and you are hopeful that your early retirement will take place. A ...

### Cost behaviordetermining cost behavior please respond to

Cost Behavior Determining Cost Behavior: Please respond to one of the following: Option 1 Choose a company that interests you. It could be your current employer, a past employer, or even a future employer. Compare and co ...

### Write 500 words that respond to the following

Write 500 words that respond to the following questions: • Discuss what absorption, variables, and throughput costing are. • Determine when each would be used. • Provide an explanation and example of all three.

### Requirementsdo not use any direct quotes andor cut and

Requirements: Do not use any direct quotes and/or cut and pasted information (i.e. your discussion is to be 100% your thoughts, ideals and insights). A minimum 350 words are required (this is the minimum and totally feel ...

### Assignment1 the following information is from the

Assignment 1. The following information is from the manufacturing budget and the budgeted financial statements of Fabor Fabrication: Compute the budgeted amounts for: a. Purchases of direct materials during the year. b. ...

### For your assignment you will apply the fundamental concepts

For your Assignment, you will apply the fundamental concepts of accounting and finance that you are studying to complete several problems indicative to real-world business scenarios and challenges. For this Assignment, t ...

### Case questions rio grande medical center cost allocation

CASE QUESTIONS RIO GRANDE MEDICAL CENTER Cost Allocation Concepts 1. Is it "fair" for the Dialysis Center to suffer in profitability, and hence for the department head to possibly lose his bonus, just because the Outpati ...

### Assignment discussion-cost accumulation systemwhen

Assignment: Discussion-Cost Accumulation System When companies accumulate costs, they generally use either a job-order or a process costing system. The type of system used often varies based on the type of product or ser ...

### Question 1pringle company distributes a single product the

Question 1. Pringle Company distributes a single product. The company's sales and expenses for a recent month follow:   Total    Per Unit   Sales \$ 300,000   \$ 20        Variable expenses   210,000     14          Contri ...

• 13,132 Experts

## 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.

### 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