Find out total value of sales

Assignment Help Cost Accounting
Reference no: EM133005081

Question - In respect of a factory the following figures have been obtained for the year 2020:

Cost of material RM600,000; direct wages RM500,000; factory overheads RM300,000; administration overheads RM336,000; selling overheads RM224,000; distribution overheads RM140,000 and (i) profit on total cost @ 25% & (ii) profit on sales @ 20%. Find out total value of sales.

Reference no: EM133005081

Questions Cloud

What are the income and basis consequences to S, T, and G : G sells 30 shares of the stock of Corporation S to Corporation T for $50,000, such stock having an adjusted basis of $10,000 to him. What are the income
Determine the Crane Corporation price-earnings ratio : Crane Corporation's common stock is selling for $36 per share on the NASDAQ. Determine the Crane Corporation's price-earnings ratio
What is the nominal annual rate of interest : Question - What is the nominal annual rate of interest compounded bi-monthly at which $8000 will accumulate to $12000 in 5 years
What is the price of the bill today : The face value of the bill is $100,000. If the current market yield on this bill is 3% per annum, what is the price of the bill today
Find out total value of sales : Cost of material RM600,000; direct wages RM500,000; factory overheads RM300,000; administration overheads RM336,000; Find out total value of sales
Calculate the price of the stock : Calculate the price of the stock based on average growth of the stock, and justify your findings to take stock investment decisions. (CMP=77.50 Tk.)
Calculate the Current ratio financial ratios for XYZ Ltd : During 2020, credit sales and cost of goods sold were $450,000 and $250,000, respectively. Calculate the Current ratio financial ratios for XYZ Ltd
What is the current share price : Electronicca is an electric start up and growing rapidly. The company has paid a dividend of $2 per share. What is the current share price
What will be the value of equity : The cost of equity is 12.5%. The current value of the firm is 500,000. What will be the value of equity if HP electronic borrows $300,000

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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