Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Vinak Ltd. is operating at 75% level of activity produces and sells two products A and B. The cost sheet of the two products is given below.
Particulars
Product A
Product B
Units produced and sold
600
400
Direct materials
Rs.2.00
Rs.4.00
Direct labour
Factory overheads [40% fixed]
Rs.5.00
Rs.3.00
Selling and administration overheads60% fixed
Rs.8.00
Total cost per unit
Rs.19.00
Rs.16.00
Selling price per unit
Rs.23.00
Factory overheads are absorbed on the basis of machine hours, which is the limiting [key] factor. The machine hour rate is Rs.2 per hour.
The company receives an offer from Canada for the purchase of product A at a price of Rs.17.50 per unit. Alternatively, the company has another offer from the Middle East for the purchase of product B at a price of Rs.15.50 per unit. In both the cases, a special packing charge of 50 p per unit has to be borne by the company.
The company can accept either of the two export orders and in either case the company can supply such quantities as may be possible to be produced by utilizing the balance of 25% of its capacity.
You are required to prepare,
I] A statement showing the economics of the two export proposals giving your recommendations as to which proposal should be accepted.
II] A statement showing the overall profitability of the company after incorporating the export proposal recommended by you.
Determine the NPV at a cost of capital of 12 percent for both projects. Which project should be chosen? Explain.
Determine the journal entry to record their issuance by The Bradford Company on January 1, 2013.
Riverside Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets to its commercial customers.
How many patient days does the hospital need to break even and what level of revenue is needed to earn a target income of $540,000?
How much of the $3 million assembly costs should appear on the company's income statement for the current year?
Critique the Ethics of those involved in the News of the World phone hacking scandal. Demonstrate in your critical analysis how the use of Ethics by the parties involved could have assisted in better operation of News Ltd.
Evaluate the inventory turnover ratio for 2010 using the LIFO and FIFO cost-flow assumption methods. Describe why the costs assigned to inventory under LIFO at the end of 2009 and 2010 are so much less than they are underFIFO.
A method of estimating bad debts expense that adds a detailed examination of outstanding accounts and evaluate what is the gain/loss on the sale of equipment
How the balance for depreciation expense for equipment is 4,772,000. Can someone please help
How would your answer to part 2 be modified if you were asked for a schedule of cost of goods manufactured and sold instead of a schedule of cost of goods manufactured? Be specific.
Evaluate the net present value of the proposed investment. Ignore income taxes and round all answers to the nearest $1 and calculate the present value ratio of the investment.
Evaluate journal entry for the first installment payment on December 31, 2013.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd