Accounting and finance for managers , accounting, Basic Statistics

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 Prduced 1000 1500 2000
Units Sold 1000 1000 1500
Closing Stock (Units) - 500 1000
Posted Date: 3/29/2012 5:43:38 AM | Location : United States







Related Discussions:- Accounting and finance for managers , accounting, Assignment Help, Ask Question on Accounting and finance for managers , accounting, Get Answer, Expert's Help, Accounting and finance for managers , accounting Discussions

Write discussion on Accounting and finance for managers , accounting
Your posts are moderated
Related Questions
Sales from a leading motor dealership were monitored over the past four years. The sales figures are presented in the accompanying table. Year Quarter 1 Quarter 2 Quarter 3 Quarter

Use the data in the BWGHT.txt for this question. The variable descriptions are given in the file BWGHT_variables.txt. There are 1388 observations in this dataset. (a) Run the regre


The fluctuations in the stock market induce some investors to sell and move their money into more stable investments. To determine the degree to which recent fluctuation affected o

Statistical inference is that branch of statistics Statistical inference is that branch of statistics which is concerned with using probability concept to deal with uncertainty

Inventory control Inventory Control is the guidance of provide, storage and convenience of items to ensure an adequate provide without excessive oversupply. It can also be known a

how to solve the assignment problem?

Suppose we wanted to compare the somatic complaints (as measured on a scale known as the Physical Symptom Survey or PSS) of three groups of people; nonsmokers, smokers, and people

Allowable moving costs Except as mentioned in Subsection 60.20.20 and within certain restrictions, allowable moving costs involve the prices associated with moving family products

a clinical psychologist claims that on average, at least twenty five clients visit her per week. for a random sample of 8 weeks, the following numbers of clients were recorded; 25