Calculate the cost of one medium sized carton assuming

Assignment Help Accounting Basics
Reference no: EM131071001

2,000 kgs. of Art Board valued at Rs.8,000 were issued for the manufacture of medium sized cartons. The following details were collected:

(a) 2,400 Nos. medium sized cartons weighing 0.50 kg. each were manufactured.
(b) 480 kg. of offcuts were used for the manufacture of small sized carton. This would have amounted to Rs.1,000.
(c) 320 medium sized cartons were damaged and rectification costs came up to Rs.160.
(d) 120 kg. of offcuts were sold as scrap for Rs.20.

You are required to calculate the cost of one medium sized carton assuming that there are no opening or closing stocks

Reference no: EM131071001

Questions Cloud

Dwelling replacement value-standard limits for coverage : Last year, Paul and Joanna Stillman bought a home with a dwelling replacement value of $200,000 and insured it (via an HO-5 policy) for $164,000. The policy reimburses for actual cash value and has a $500 deductible, standard limits for coverage C it..
Leadership and management development : Explain the key factors of individual difference relevant in leadership and management development. Critically evaluate the extent to which organizational practices can minimize or increase difference.
Capital city for an important meeting with other clinic : The clinic director is about to leave on a trip to the capital city for an important meeting with other clinic directors. However, the deadline for a decision on what types and quantities of surgical gloves to order is due, and the director has no..
What is the regular payback period : A project will require an initial investment of 61 million dollars in year 0, and is expected to generate equal yearly cash flows of 38 million dollars for the following 5 years. The company's WACC is 10%. What is the regular payback period?
Calculate the cost of one medium sized carton assuming : 2,000 kgs. of Art Board valued at Rs.8,000 were issued for the manufacture of medium sized cartons. The following details were collected:
Expected return on the portfolio : You own a portfolio that has $3,300 invested in Stock A and $4,300 invested in Stock B. If the expected returns on these stocks are 11 percent and 14 percent, respectively, what is the expected return on the portfolio?
What does it take for an hr professional to be credible : Analysis and evaluation of alignment- In this main section, describe why HR's alignment with the organization is important. Describe strong analysis is important to determine whether HR is in alignment. The following subsections are the results of..
The role of transportation in supply chain hazen : The paper is based on the topics covered on the first 6 chapters of the book "The Role of Transportation in Supply Chain Hazen, J. Kenneth & Lynch, F. Clifford". You may pick any topic of the book such as regulation/deregulation of the industry, o..
Stock has an expected return : A stock has an expected return of 12.2 percent, the risk-free rate is 6 percent, and the market risk premium is 10 percent. What must the beta of this stock be?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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