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the following data of x ltd is provided to you.
opening stock 20,000 units valued at marginal costing shs 123,800 and total costing shs 144,000.
units produced 120,000 units
closing stock 8,000 units
units sold 132,000 units
variable costs 714,000 units
factory overheads fixed 140,400 units
selling costs:
variable shs. 680,000
fixed shs. 100,000
selling price per unit is shs. 40
find the net profit under
a) absorption costing
b) marginal costing
What else can I help you with?
6 Differentiate between Standard Costing and Budgetary Control?
Distinction Between Standard Costing And Budgetary ControlAlthough budgetary control and standard costing both are based on some common principles; both are pre-determined, comparison will be made with the actual costs and both system need a revision of the standards or the budget, these two systems have certain differences which are as follows: 1. Budgetary control deals with the operation of a department or the business as a whole in terms of revenue and expenditure. Standard costing is a system of costing which makes a comparison between standard costs of each product or service with its actual cost.2. Budgetary control covers as a whole in terms of revenue and expenditures such as purchases, sales, production, finance etc. Standard costing is related to a product and its cost only.3. Budgetary control is applicable to utmost all business organizations. Standard costing is applicable to manufacturing concerns producing standard products and services.4. Budgetary control is concerned with a specific period and is based on the totals of amounts. Standard costing is concerned with the standard costs, which are worked out generally per unit of production.5. Budgetary control is not based on standard costing system. Standard costing cannot exist in the absence of a budgetary control system.Posted Syeda Humaira Fatima
What are example of variable expenses?
Variable costs are costs that increase in total as output increases. For example, total labor costs increase per each hour worked; total direct materials costs increase per unit produced, etc.
Worked as a clerk of period of six months in private firm is it correct?
i worked as a clerk for a period of six months in a private firm .
Can Zaxby's deduct hours already worked on time clock?
No they are requried bt law to pay u for hours worked within 15 days.
Do you have to claim a job worked only for four month on tax return?
Yes...any income...not even relevant to work or how long you worked if at all.
Who worked on the immense estates or worked as farmers on marginal lands in Latin America?
I think that the answer to that question is (1) the creoles
Who worked on the immense estates or as farmers on marginal lands in Latin America?
I think that the answer to that question is (1) the creoles
What are some example sentences with 'worked'?
I worked yesterday. I have worked there before.
What is an example of isolcolon?
An example of isolcolon is: She worked hard; her efforts were rewarded.
What is the past form of work and then give an example?
The past tense is worked. e.g. I worked with him last week.
What were blacksmiths used for?
Blacksmiths worked with metals. For example, they worked with steel and/or iron to create things such as horseshoes.
What is the perfect tense of the verb work?
What is the perfect tense of the word study
Can you give an example of present past?
Present - I am working. Past - I worked.
How do you use brakeman in a sentence?
Example sentence - She worked for the railroad as a brakeman.
I need Example answer for tell me about your self?
example: well i was born in _____ , in the location of ________. my mom/dad worked _________________________________. i graduated from __________ at age __________. i am good at __________,__________,_______,_________.
How us I used with perfect present?
I + Have + Past Participle of the verb. For example: I have worked.
Wireless interner is an example of telecommunicattions?
the internet stops it connecting is it usually does worked
