#title, Financial Accounting

Assignment Help:

A company produces 2 modules of mobile phones.
1.Basic modle is sold 5000/=, direct material cost 1250/=, requires 0.25h labour time. Produce unites 8000 per month.

2.smart model is sold 7500/=, direct material cost 1630, take 0.375h, Produce unites 4000 per month

3.labour rate per hour: Rs 6000/= and currently very scared.
fixed cost: Rs 24000000 per month.

4.an overseas customer has offered the company a contract worth Rs 35000000 for a number of mobile phones to be manufactured to its requirements.the estimating departmenthas ascertaained the following facts in respect of the work.
*labour time would be 1200hrs
*material cost would be Rs 9000000 plus the cost of particular components not normally used in the company''s models.
*these components could be purchased from a suplier for Rs 2500000 or alternatively they can be made internally for matirial cost of Rs 1000000 and additional time of 150hrs.

REQUIREMENT :
advice the management as to the action they should take.



Related Discussions:- #title

Management and operational control, Management and operational control: Co...

Management and operational control: Cost of goods sold and gross margin analysis, profit as net income analysis, operating expense analysis, contribution analysis and analysis of

Explain working of fca, Q. How does FCA diverse from what cities already do...

Q. How does FCA diverse from what cities already do? Numerous cities at present employ budget-based, or cash-flow, accounting-they report their present costs and figure their e

What is asset, Q. What is Asset? Asset - An economic resource which is ...

Q. What is Asset? Asset - An economic resource which is expected to be of benefit in the future. Probable futureeconomic benefits attained as a result of past transactions or e

VAT SYSTEM, RECOMENDATION REGARDING THE CURRENT SOUTH AFRICAN VAT SYSTEM

RECOMENDATION REGARDING THE CURRENT SOUTH AFRICAN VAT SYSTEM

State the types of business organizations, State the types of business orga...

State the types of business organizations There are numerous types of business organizations: Service business-doctors, lawyers, barber shop etc. Merchandising busin

The company computes income using cash-basis accounting, A lawn care compan...

A lawn care company started business on January 1, 2012. The company billed clients $105,000 for lawn care services completed in 2012. By December 31, the company had received $84,

Answer for Assignment, Transaction Entry Information: May 1 Owener H.Hadi ...

Transaction Entry Information: May 1 Owener H.Hadi invested $40,000 in the business

Question, Broadway Scripts is a service-type enterprise in the entertainmen...

Broadway Scripts is a service-type enterprise in the entertainment field, and its manager, Joe Numbers, has only a limited knowledge of accounting. Joe prepared the following balan

Journal entry, Clemens Cars' job cost sheet for job A40 shows that the cost...

Clemens Cars' job cost sheet for job A40 shows that the cost to add security features to a car was $10,500. The car was delivered to the customer, who paid $14,900 in cash for the

How to determine the financial reports of businesses, How to Determine the ...

How to Determine the financial reports of businesses In response to criticisms that financial reports of some businesses aren't clear enough to users, accounting rule makers ha

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