Accounting and 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:- Accounting and finance for managers , accounting

Probability , Set 1: 1 2 3 4 5 Set 2: 1 13 25 31 42 Set 3: 10 16 24 25 4...

Set 1: 1 2 3 4 5 Set 2: 1 13 25 31 42 Set 3: 10 16 24 25 40 Set 4: 5 10 15 20 25 1. Is one of these sets of numbers more likely to win the Gopher 5 than any of the others? Exp

Applications of linear regression, Linear regression is widely used in bi...

Linear regression is widely used in biological behavioral and social sciences to describe relationship between variables. It ranks as one of the most important tools used

Linear programming., what are the requirements of linear programming?

what are the requirements of linear programming?

How can do entry, mr.sunil join as a new business partner and borrowed rs. ...

mr.sunil join as a new business partner and borrowed rs. 850000 from ansul investment co. and depoisted the money into a uti bank account on 1-4-2006.

Accounting cases, Hi I just want to know if you many be able to solve thes...

Hi I just want to know if you many be able to solve these three cases for intermediate accounting class! Thank you

Use this information to construct the 90% and 95% confidence, From random s...

From random sample of 48 days in a recent year, U.S. gasoline prices had a mean of $3.63. Assume the population standard deviation is $0.21?

Spss, SPSS Assignment 1. Execute the following functions using SP...

SPSS Assignment 1. Execute the following functions using SPSS.  a) Enter the following data Case Age Weight Gender

Process costing - accounting for scrap.., a company has two processes whose...

a company has two processes whose details are as follows: Materials 3000kg @ k0.30/kg, labour K120 for process 1 and material 2000kg @ k0.40/kg and labour k84 for process 2. actual

Linear regression, Linear  regression is  a regression methods  that models...

Linear  regression is  a regression methods  that models  the  relationship  between  a dependent variable   independent variables ? X1 i = 1 .........p and a random term . the mod

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