The firm has a cash balance of Rs. If these calculators are upgraded at a total cost of Rs. What is the contribution margin per unit? WORKING As the limiting factor in above case is the machine hours so we will go with that option which gives the maximum contribution margin per machine hour. Sales price Per unit 2 1 Contribution margin 1 2 Required: Cost of goods available for sales Rs.
Download mgt mid term 1. How much was the per-unit contribution margin? They are fully occupied in their usual department and sub-contracting staff would have to be brought in to undertake the work left behind. Please Click below mgt past papers to download:. Direct wages 1 28, Supervisor costs 2 11, General overheads 3 4, Machine depreciation 4 2, Machine overheads 5 18, Materials 6 34, Total 98, Notes v Direct wages comprise the wages of two employees, particularly skilled in the labor process for this job. Download mgt mid term 4.
The budgeted ending inventory this year is 15, bottles and the desired ending inventory for next year is 12, bottles. Fixed costs are Rs.
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Help Center Find new research papers in: Superior had 38, gallons in beginning inventory and 26, gallons in ending inventory. Click here to sign up. The Company is preparing a cash budget for February. Accounting treatment of By-Product: Download mgt final term 3.
Chapter 12 – Answer. What sales level in units will provide a profit of Rs. As an alternative, the calculators can be sold in their present condition for Rs. It is also possible that this same item may relate to just one specific department.
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How much will be recorded on the marketing budget for sales commissions for the next period? An income statement for last year follows: Download mgt mid term 8.
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Using the average cost method, what are the equivalent units of silentlips gmail. BDH wants an ending inventory of 3, units. These will be incurred regardless of the decision.
One unit of material costs Rs. If the item was not charged specifically to a single department this would be an example of: One item it sells is a small table that sells for Rs. Costs for special finl Notes Rs. Fully explain and justify each of the costs included in the costing schedule. WORKING As the limiting factor in above case is the machine hours so we will go with that option which gives the maximum contribution margin per machine hour.
This document is sent to store incharge and approved by: There was no opening and closing Work- in process. Chemical A can be sold at split off while chemical B currently cost Rs. During the month, 50, units were transferred out.
They are fully occupied in their usual department and sub-contracting staff would have to be brought in to undertake the work left behind. What was the cost of direct materials in ending inventory? Log In Sign Up.
The equivalent unit cost was computed to be Rs. Download mgt final term 7. An extra sale of Rs.
Cost of goods available for sales Rs. These have already happened, so they cannot be affected by a future decision.