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The following data are obtained from the record of a factory:
£ £ Sales 4,000 units @ £25 each 100,000 Materials consumed 40,000 Labour charges 20,000 Variable overheads 10,000 Fixed overheads 18,000 88,000 Net Profit 12,000
(i) The number of units by selling which the company will neither lose nor gain anything.
(ii) The sales needed to earn a profit of 20% on sales.
(iii) The extra units which should be sold to obtain the present profit if it is proposed to reduce the selling price by 20% and 25%.
(iv) The selling price to be fixed to bring down its break-even point to 544 units under present conditions.
The discount rate used must normally reflect the weighted average cost of equity and debt taking into account the systematic risk of the investment. A company's weighted average co
I am in a class that is supposed to be 100 level and I am really struggling. I need hlep with trial balances, adjustments, etc.
A huge number of financial ratios are in utilized. They complete a broad variety of functions and objectives. Managers estimate performance and investors match their expectations,
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The following information for the six months ended 31 December 2009 relates to the business of Mr N Morris: a) Opening cash (including bank) balance Rs 1,200 b) Productio
WHAT IS THE MODERN ACCOUNTING TECHNIQUES.
Adjudication order The court may adjudge the debtor bankrupt on the application of the O.R. or any creditor in the following cases: If the creditors so resolve at their first
speciman of accounts preparation in stock and debtor system.
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