Ms 4, accounting, Basic Statistics

2. 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 Produced 1000 1500 2000
Units Sold 1000 1000 1500
Closing Stock (Units) - 500 1000
Posted Date: 3/29/2012 3:21:51 AM | Location : United States







Related Discussions:- Ms 4, accounting, Assignment Help, Ask Question on Ms 4, accounting, Get Answer, Expert's Help, Ms 4, accounting Discussions

Write discussion on Ms 4, accounting
Your posts are moderated
Related Questions

I want as much information about moderate negative correlation.

why indux number considerd as an economic barrometer

Nuclear holocaust It is the name given to large scale destruction and devastation that would be caused by the use of nuclear weapon. The radioactive waste will hang like a cloud i

The sizes of 15 California earthquakes are given below. 6.8   6.6  7.5  6.2  6.5  7.1  8.3  5.9  6.1  6.9  7.0  6.2  5.9  6.3  7.3 (a)  Assuming normal distribution for the s

If the mean of first 5 no. is 60 and mean of last 5 no. is 55 then what is the 5th no.


Consider an economy specified by the following:       Y = PE = C + I + G + NX                            (Income identity)       C = 400 + 0.9YD

How will the adoption of IFRS change financial reporting by companies? Manager 1: The new rules will definitely change the way our organization prepares financial statements.

A psychologist developed a test designed to help predict whether production-line workers in a large industry will perform satisfactorily. A test was administered to all new employe