Example of abc analysis, Financial Accounting

Assignment Help:

Illustration: Dinesh Limited is looking selective control for its inventories. By using the subsequent datas, prepare the ABC plan.

Items                 A           B           C          D          E          F         G

Unit                   8,000     15,000    5,000   7,5000   5,000   7,000    2,500

Unit Cost (Rs.)  5.50     1.70      30.40    1.50      0.65      5.14    51.20

Solution:

 

Item

 

Per Unit

Cost (Rs.)

 

Inventory

 

Total Value

 

 

Cate- gory

 

Units

 

% of

Total

 

Cumul- ative %

 

Total

Cost Rs.

 

% of

Total

 

Cumul- ative %










ABC Analysis:

 

 

C G A F B D E

 

30.40

 

51.20

 

5.50

 

5.14

 

1.70

 

1.50

 

0.65

 

5,000

 

2,500

 

8,000

 

7,000

 

15,000

 

7,500

 

5,000

 

10

15%

5

 

16

30%

14

 

30

 

15 55%

 

10

 

 

 

15%

 

 

45%

 

 

 

 

 

100%

 

1,52,000

 

1,28,000

 

44,000

 

36,000

 

25,000

 

11,250

 

3,250

 

38

70%

32

 

11

20%

9

 

6.38

 

10%

2.80

 

0.82

 

 

 

70%

 

 

90%

 

 

 

 

 

100%

 

 

A

 

 

 

 

 

B C

 

Total

 

 

50,000

 

100%

 

 

4,00,000

 

100%

 

 


Related Discussions:- Example of abc analysis

Balance sheet and income statement, The balance sheet and income statement ...

The balance sheet and income statement for Bingle Ltd is presented to you as follows: Balance Sheet Extract as at 30 June 2012 with comparatives

Percent Gain, Assume you invest $150 per month in a stock. Stock prices are...

Assume you invest $150 per month in a stock. Stock prices are as follows: January $10.50, February $9.75, March $9.50, April $11.00, May $10.75, June $9.75, July $9.00, August $8.5

journal entries to record the issuance , Prepare journal entries to record...

Prepare journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the following independent cases given below: a. Jackson Corporation

An expense account, During construction of a building, the cost of interest...

During construction of a building, the cost of interest on a construction loan should be charged to an expense account

our assumptions about consumer behavior, 5.    A stockholder named Sue mus...

5.    A stockholder named Sue must cast a vote for chair of the board. Sue prefers Mr. Lee to Ms. Doe, Ms. Doe to Mr. James, and Mr. James to Mr. Lee. a. Are Sue's preferences c

It is started as "the MATCHING principle is very important w, What is the r...

What is the relation of profit and matching principle? Do you have a form for this kind of assignment in writting Financial Accounting?

Design a organisational strategy, Q. Design a organisational strategy? ...

Q. Design a organisational strategy? The objectives to which organisational approach relates depend on the relative power of different stakeholders associated with the company

Premium coupons , premium coupons that already have been expired should be ...

premium coupons that already have been expired should be or shouldn''t be estimated as liability?

Taxtomy of intermediaries, Ask quwhats taxtonomy of intermediaries estion #...

Ask quwhats taxtonomy of intermediaries estion #Minimum 100 words accepted#

Financial information, The enhancing qualitative characteristic of understa...

The enhancing qualitative characteristic of understand ability means that information should be understood by a those who are experts int eh interpretation of financial information

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