User Account

All Pages

What was the prime cost for the business in the current year

Assignment Help Financial Accounting
Reference no: EM132919531

Question - XYZ plc manufactures widgets. In the current year direct material costs were £40,000 and direct labour costs were £30,000. In addition XYZ plc incurred £20,000 of indirect manufacturing overhead and £50,000 of selling, general and administration overhead. What was the prime cost for the business in the current year?

A: £50,000

B: £70,000

C: £90,000

D: £100,000

Reference no: EM132919531

Questions Cloud

Understanding of business and data intelligence : Demonstrate advanced and integrated understanding of business and data Intelligence for organisational decision-making.
What the present value of the future cash inflows : A project requires an Initial investment of $71,000 and has a project profitability Index of 0.340. What the present value of the future cash inflows
What is positive feedback for computer parts business : What is positive feedback for computer parts business? How can a parts supplier be competitor in the hardware industry taking such opportunity?
Explain implement retention strategies : Discuss how these strategies impacted employees and how employees responded. Did internal or external factors influence these strategies?
What was the prime cost for the business in the current year : XYZ plc manufactures widgets. In the current year direct material costs were £40,000. What was the prime cost for the business in the current year
Describe the drawbacks of using a vpn : List and discuss the criteria that would lead you to implement a reverse proxy, as well as where you would locate the proxy within your network.
Key phases of a change management process : 1. Explain the key phases of a change management process. 2. Explain three reasons why an organisation might initiate change.
What is the sum of money that Mr Lim deposited : The account pays a yearly interest rate of 5% compounded annually. What is the sum of money (RMX) that Mr Lim deposited
Explain the three schools of bargaining ethics : Describe and explain the three schools of Bargaining Ethics that prevail within business negotiations and Describe 4 unethical tactics used in negotiations and

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd