Costing paper solution

[Divesh4u]

yes i can give you My Answers[/B]

Rconcilliation statement

Ans: profit as per costing P&L is NIL

Marginal Costing

Ans: P. V. Ratio is 25%
BEP 40,00,000
Margin of Safety 16,00,000
Sales will be 60,00,000 if profit is 15% on sales


wait for more answers

[sud_100]

Originally posted by Divesh4u
yes i can give you My Answers

Rconcilliation statement

Ans: profit as per costing P&L is NIL

Marginal Costing[/b]

Ans: P. V. Ratio is 25%
BEP 2400000 (fixed cost/pv ratio=600000/0.25)
Margin of Safety (units)=50000-30000=20000)
THESE R THE ANSWERS I GOT

[Divesh4u]

Thanx for conforming answers

do you have any more answers

[Divesh4u]

And How was your contract account

[shreenathagarwal]

i am getting full marks in contract accounts and i had a preety good paper with almost all correct answers..

I got 4 correct answeers in those optional ones and 1 is half right and i am scoring full in compulsory question.

[Divesh4u]

nice to see a person whose contract a\c is correct

congrates

[yash_karma@yahoo.co.in]

EXCELLENT,THAT'S WHAT I CALL BULLS-EYE.

[shreenathagarwal]

thanks

[mark]

Hi
Its great u got contract a/c right. Please tell me what u did for the following adjustments:
1. material sold at loss
2. compensation paid to worker for accident
3. machinery sold on completion of the contract.

[sud_100]

well my contractee a/c is wrong.how much marks will i lose