#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

Invoices before Inventory, How should I handle Booking an invoice in one mo...

How should I handle Booking an invoice in one month for Raw material that has not been received until the following month?

Explain r and r-squared- f-test and interpret its value, To decide in what ...

To decide in what zone should be placed a store which sells video-cassettes, the manager of a firm which sells and rents cassettes makes a study to estimate the demand for each sto

What do you mean by reasonable assurance, Q. What do you mean by Reasonable...

Q. What do you mean by Reasonable Assurance? Reasonable Assurance - Management's assessment of effectiveness of internal control over financial reporting is expressed at the le

Explain about fiduciary, Q. Explain about Fiduciary? Fiduciary - Person...

Q. Explain about Fiduciary? Fiduciary - Person who is responsible for administration of property owned by others. Corporate management is a FIDUCIARY with respect to corporate

Determine the price of an asset paying - one period bond , Suppose the inte...

Suppose the interest rate for a one-period bond is 4%. (a) What is the price of an asset paying (1,1,1) which means 1 after 1 period, 1 after 2 periods, and 1 after 3 periods.

What kinds of risks does a firm, like Amazon.com face with respect to safeg...

like Amazon.com face with respect to safeguarding its assets? What types of controls do you think it already has in place to minimize these risks?

INTANGIBLE ASSETS, Baruch Lev, who is a professor of accounting at New York...

Baruch Lev, who is a professor of accounting at New York University and a globally known academic for his research on financial reporting for intangibles, is that the economy has c

Average firm in the industry, Suppose that the average firm in your company...

Suppose that the average firm in your company's industry is expected to grow at a constant rate of 4% and that its dividend yield is 8%. Your company is about as risky as the avera

Ratios, equity share capital rs 10 200 10% preference share capital 80 15%...

equity share capital rs 10 200 10% preference share capital 80 15% debenture 20 profit before interest and taxes 60 proposed dividend 20 provision fo

Basics of sundry matters, Basics of Sundry Matters Current accounts...

Basics of Sundry Matters Current accounts balances must always be equal and opposite. The head office current account in the branch books should always have a credit bal

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