User Account

All Pages

Comprise two-thirds variable and one-third fixed

Assignment Help Financial Accounting
Reference no: EM131803425

Nchiru Limited produces three products X, Y and Z which the following operating statement has been produced.

X (Shs.) Y (Shs.) Z (Shs. Sales 116,000 125,000 122,500 Total Costs 118,000 119,000 117,000 Net Profit / Loss (2,000) 6,000 5,500

The total costs comprise two-thirds variable and one-third fixed. The directors consider that as product X shows a loss it should be discontinued.

Required:

Based on the above cost data should product X be discontinued.

Reference no: EM131803425

Questions Cloud

What should ball co recognize for this lease journal entries : What should Ball Co. recognize for this lease in journal entries
Draw dependency diagram to show the functional dependencies : Using above table - Draw a dependency diagram to show the functional dependencies in the relation
Compute the companys predetermined overhead application rate : Compute the company's predetermined overhead application rate. Calculate the finished-goods inventory for the 12/31/02 balance sheet.
Describes various program that have been used to support ell : Describes various programs that have been used to support ELLs such as: ESL pullout, sheltered instruction, and bilingual education.
Comprise two-thirds variable and one-third fixed : The total costs comprise two-thirds variable and one-third fixed. The directors consider that as product X shows a loss it should be discontinued.
Excess money received on application : If a share issue is oversubscribed, what action can be taken in relation to excess money received on application?
Compare budgeted costs and actual costs : A flexible budget would compare budgeted costs and actual costs
Discuss many variations of teaching : One challenge teachers face when working with ELLs is getting them to higher levels of thinking and implementing critical thinking activities.
Intangible assets section of sappelt company : A. The intangible assets section of Sappelt Company at December 31, 2015, is presented below.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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