What rate would adopt for pricing issues

Assignment Help Cost Accounting
Reference no: EM132710763

A consignment consisted of two chemicals X and Y. The invoices gave the following data:

Rs.

Chemical X- 4,000 kgs at Rs. 2.75 per kg 11,000

Chemical Y- 3,200 kgs at Rs. 3.00 per kg 9,600

Sales tax 1,030

Railway Freight 720

Total 22,350

Problem 1: A shortage of 200 kg in X and 100 kg in Y was noticed and it was considered to be normal. What rate would you adopt for pricing issues assuming a provision of 5% towards further deterioration?

Reference no: EM132710763

Questions Cloud

What was Sylvester stockholders equity as of January : Assume that as of January 1, 20Y8, Sylvester Consulting has total assets of $500,000. What was Sylvester stockholders equity as of January
Understanding of three organizational structures types : There are three types of general organizational structures as noted in your Reading area. Most often, structures that necessitate a high degree of collaboration
What was the cost of goods sold for february : During the month of February, Loard Corporation, a manufacturing company, purchased raw material. What was the cost of goods sold for February?
How would this error affect the income statement : Assume that Esquire Consulting erroneously recorded the payment of $30,000 of dividends as salary expense. How would this error affect the income statement
What rate would adopt for pricing issues : A consignment consisted of two chemicals X and Y. What rate would you adopt for pricing issues assuming a provision of 5% towards further deterioration?
Phone taps-power plays and sarcasm : Review the Washington Post article, "Phone Taps, Power Plays and Sarcasm: What It's Like to Negotiate With Vladimir Putin."
How would elements of the accounting equation be affected : Capstone Consulting Services acquired land 5 years ago for $200,000. How would elements of the accounting equation be affected by the sale
Advantages and challenges to achieving a diverse workplace : Define diversity and highlight at least three advantages and challenges to achieving a diverse workplace.
Which price strategies suitable for the software development : Which price strategies suitable for the software development, professional services, and special projects of Health Services Software.

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