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A consignment consisted of two chemicals X and Y. The invoices gave the followingd ata:Rs.
Chemical X- 4,000 kgs at Rs. 2.75 per kg 11,000
Chemical Y- 3,200 kgs at Rs. 3.00 per kg 9,600
Sales tax 1,030
Railway Freight 720
Total 22,350
Problem 1: A shortage of 200 kg in X and 100 kg in Y was noticed and it was considered to be normal. What rate would you adopt for pricing issues assuming a provision of 5% towards further deterioration?
Real ltd also provide race fuels for all its race teams,Draw up a statement showing the sales, joint costs and gross profit/(loss) of each product and in total.
John Walters is comparing the cost of credit to the cash price of an item. If John makes a $60 down payment and pays $32 a month for 24 months, how much more will that amount be than the cash price of $685?
Calculate the sales price per unit for both products using a 35% markup on cost based on the total unit product cost from #1 above.
Any tips for how to accurately input this into Excel?
question 1. andy has run a small corner store as a sole trader for many years.however his adult children pester him to
If a company has a manufacturing cycle efficiency (MCE) of less than 1, what does it mean? How would you interpret an MCE of 0.40?
Journalize the adjusting entries on August 31 for the 3-month period June 1-August 31 and prepare an adjusted trial balance on August31.
On June 30, Amano Corporation discontinued its operations in Mexico. On September 1, Amano disposed of the Mexico facility at a pretax loss of $640,000. The applicable tax rate is 25%. Show the discontinued operations section of Amano"s income st..
The following information was drawn from the accounting records of Vanner Manufacturing Company.
Pick one of the cost flow assumptions and a product that would utilize that flow. Describe why it is the best of the four methods or LMC for that product.
What is the total amount of overhead costs assigned to the deluxe model? What is the total amount of overhead costs assigned to the standard model?
Show the profit using absorption costing and marginal costing.Variable production costs 9.60, Total production costs 15.00,Total variable cost 11.80
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