Ms 4, accounting, Basic Statistics

Assignment Help:
2. 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 Produced 1000 1500 2000
Units Sold 1000 1000 1500
Closing Stock (Units) - 500 1000

Related Discussions:- Ms 4, accounting

Variance analysis , Terry Co. manufactures a commercial solvent that is use...

Terry Co. manufactures a commercial solvent that is used for industrial maintenance. This solvent is sold by the drum and generally has a stable selling price. Due to a decrease in

Co-efficient of covariance., solution of problems based on coefficient of c...

solution of problems based on coefficient of covariance

AMORTIZATION , AMORTIZATION The slow decrease or liquidation of an quantit...

AMORTIZATION The slow decrease or liquidation of an quantity over a time interval according to a specified program (such as, the pension of a debts by sequential repayments to the

Recruitment process process map, What are the steps in a recruitment proces...

What are the steps in a recruitment process and who are responsible for each step?

Writing Appropriate Null and Alternative Hypotheses, For this assignment, y...

For this assignment, you will practice creating null and alternative hypotheses of difference based on the presented scenarios. To complete this assignment, consider the three scen

School based assesment, I need help with ledger accounts and the financial ...

I need help with ledger accounts and the financial statement

Estimate the variables-statistically significant, The dataset also contains...

The dataset also contains a variable y , which is the dependent variable of interest, as well as x1 , x2 , x3 , x4 , x5 , and x6 , all explanatory variables that are potentially

What is account code, The three-character alpha/numeric code allocated by t...

The three-character alpha/numeric code allocated by the Workplace of Economical Control (OFM) to recognize each account.

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