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A company manufactures a one product. Estimated cost data regarding this product and other information for the product and the company are as follows:Sales price per unit Rs.2000Total variable production cost per unit Rs1100Sales commission (on sales) 5%Fixed costs and expenses:Manufacturing overhead Rs 27,99,36,000General and administrative Rs 18,66,24,000Effective income tax rate 40%How many units must the company sell in the upcoming year in order to reach its breakeven point? Show all workings. Recalculate the breakeven point for Sales price per unit Rs 2750 and Variable Cost per unit Rs 1350. Tax and Sales Commission rates remain unchanged
In 2007, the controller of the XYZ Company discovered that 2006 depreciation expense was overstated by $50,000, a material amount. Assuming an income tax rate of 40 percent, the pr
2x2+8x-m3 = 0
In this scheme, non-revolving line of credit is extended to the seller to be utilized inside a stipulated period. Assistance is provided to manufactures for promoting sale of their
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Q. Explain Phases of life cycle of a product? Every product move through a life cycle having five phases as shown in figure and they are 1) Pricing during introduction 2)
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FOR each of the following cases, indicate why management and the auditors determined that control deficiency was a material weakness. Case1. In our assessment of the effectiveness
Explain the terms - Cost object and Activities Cost object : it is an item for which cost measurement is required for example a product or a customer. Activities: these c
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