Mba: accounting & finance for managers, accounting, Basic Statistics

Assignment Help:
.
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

Related Discussions:- Mba: accounting & finance for managers, accounting

Projectile motion, A fox fleeing from a hunter encounters a 0.730 m tall fe...

A fox fleeing from a hunter encounters a 0.730 m tall fence and attempts to jump it. The fox jumps with an initial velocity of 7.10 m/s at an angle of 45.0°, beginning the jump 2.1

Survival analysis and regression for rates, This assignment counts for 40% ...

This assignment counts for 40% of the total grade for the subject.  There are 100 marks for the assignment.  Including figures and tables, it should be no more than 10 pages. Yo

Explain the term “trial balance” and its needs, Explain the term “Trial Bal...

Explain the term “Trial Balance” and its needs for an organization. Ans. A Trial Balance is a statement of summarization of the all the involved ledgers accounts at the end of th

Measure of dispersion, What are the applications of measure of dispersion i...

What are the applications of measure of dispersion in civil engineering?

Cash discount., Cash discount A payment received, given if payment is comp...

Cash discount A payment received, given if payment is completed within a stated age of occasion, Refer to TRADE DISCOUNT,

Statistics help, Ask question #Minimum 100 words accepteWhen all factors ar...

Ask question #Minimum 100 words accepteWhen all factors are taken into account, an insurance company estimates that the probability of my father making a claim for damages to his p

homework problem which requires data collection using an in, each student ...

each student will be assigned a homework problem which requires data collection using an information system. Two scores are given: 1- adequacy of data collection and relevancy ( M2

Job cost sheet, Manchester Custom Fabricating Company uses a job order syst...

Manchester Custom Fabricating Company uses a job order system. At the beginning of May, Manchester had two jobs in process, Job #22 (DM = $600 and DL = $780), and Job #23 (DM = $75

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd