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!
Question - Grant Ltd manufactures a gadget. The following information relates to March 2021:
Sales (number of gadgets)
15,000
Selling price per unit
110
Manufacturing cost of gadgets:
Variable
468,750
Fixed
187,500
Selling and administrative cost:
5
93,750
Fixed selling cost
50,000
Fixed administration cost
12,500
Inventory of gadgets at 31 March 2021
3,750 units
Only 15,000 of the 18,750 units were sold during March 2021.
Required -
a) Prepare the income statement of Grant Limited using the variable costing method.
b) Prepare the income statement of Grant Limited using the absorption costing method.
c) Explain why the net profit before tax differs between the variable and absorption cost methods.
d) Indicate which method should be used for monthly management accounts.
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: - Explain the goals and uses of special journals.
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.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
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, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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