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
What is a basis point? A base factor is a hundredth (1/100) of an amount factor. Indicated another way, one amount factor is equal to 100 base factors. This means that if an amo

To examine a program for educating health professionals in a sports injury clinic about the importance of keeping detailed medical records, a researcher does a controlled trial i

IFRS: IFRS (International Financial Reporting Standards) is a set of accounting standards that were developed as global standard. The IFRS was developed by IASB (International Acc

An employer provides taxable fringe benefits of $11,000 (GST inclusive) for his employees during the relevant period, all being for creditable purposes and input tax credits of


time series use in indian economy

#question.questionnaire on drug abuse, its implication on youth educational achievements.

A second file on DocDepot named Marks.mtp contains the final exam percentages of students in ADM2304A in the Fall 2011 semester. Assume that the class can be considered a random sa

Standard costing In contemporary price sales, the idea of documenting traditional expenditures was taken further, by assigning the organization''s set expenditures over a given

Calculate the quartile deviation??805,796,810,785,810,790,800 and 785