Cost sheet questions
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This document contains two questions regarding job costing systems. Question 1 provides cost data for a factory for the year ending March 1989, including direct material costs, direct wages, profit, overhead costs, and more. It asks to prepare a cost sheet and calculate the price for future jobs if materials and labor costs increase but profit rate and overhead cost allocation remains the same. Question 2 provides additional financial data for Adarsh Manufacturing Company for the month of April 1992, including direct labor costs, inventory balances, expenses, and sales. It asks to calculate materials purchased and prepare a cost statement showing costs and profit.
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Management information nov dec - 2014 Question ICAB Knowledge Level 
1. This document provides a management information exam with 7 questions testing various costing and financial management concepts. It includes questions on cost units, product and period costs, overhead apportionment, variance analysis, margin of safety, payback period, inventory valuation methods, and their effects on financial statements.
2. Question 1 defines cost units, product costs, and period costs, and requires calculation of departmental overhead costs after apportionment. Question 2 involves overhead absorption rates and calculation of inventory values under marginal and absorption costing. Question 3 covers the cash operating cycle concept and calculation of additional cash generation from changes in inventory and payables policies.
3. The remaining questions cover topics like margin of safety, pay
Cost Management
WE ARE PROVIDING CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS, PROJECT REPORTS
AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / IGNOU
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - MMS - DBM - PGDBM - DBA
www.casestudies.co.in
aravind.banakar@gmail.com
ARAVIND 09901366442 – 09902787224
Competitive Price /
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High Quality Standard.
Cost _mgmt._accounting. 9901366442 / 9902787224 / www.mbacasestudyanswers.com
1. The document provides information about the purchase of three chemicals by a manufacturer in Mumbai from Uttar Pradesh, including purchase quantities, rates, taxes, and freight charges. It also provides information about shortages received and additional charges paid.
2. It asks the reader to calculate stock rates for each chemical, accounting for a 4% deterioration provision, and show available quantities.
3. It provides two other cost and management accounting questions on activity-based costing and the discontinuation of a product.
CSS{
This document provides instructions and questions for an exam consisting of two parts:
- Part I is 30 multiple choice questions worth a maximum of 20 marks
- Part II consists of 4 questions worth 20 marks each from two sections, for a total of 80 marks
Candidates must attempt only two questions from each section of Part II, writing their answers on a separate answer book and including the question number. Calculators are allowed. The document then provides the exam questions.
Cost _management__accounting_9901366442 / 9902787224 / www.mbacasestudyanswe...
WE PROVIDE
CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS
PROJECT REPORTS AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / PSBM / NSBM ISM / IGNOU / IICT / ISBS / LPU / ISM&RC / NMIMS /ISBS / MANIPAL / GARUDA / HIMALAYA IMT / IC MIND / IACT / UPES
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - DBM - PGDM - BBM – DBA - PGDM
www.mbacasestudyanswers.com
www.casestudysolution.in
aravind.banakar@gmail.com
ARAVIND
09901366442 – 09902787224
9901366442 / 9902787224 / www.mbacasestudyanswers.com
Acct 505 week 4 midterm new 2016
ACCT 505 Week 4 Midterm – New 2016
Click Link Below To Buy:
https://hwaid.com/shop/acct-505-week-4-midterm-new-2016/
Contact Us:
hwaidservices@gmail.com
Cost & management
WE ARE PROVIDING CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS, PROJECT REPORTS
AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / IGNOU
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - MMS - DBM - PGDBM - DBA
www.casestudies.co.in
aravind.banakar@gmail.com
ARAVIND 09901366442 – 09902787224
Competitive Price /
Super Fast Mail Services /
High Quality Standard.
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This document provides an example exam for an accounting course (ACCT 326) with 9 multiple choice questions covering topics like overhead allocation, cost of goods sold, job order costing, and activity-based costing. The questions provide financial and production data for various manufacturing companies and ask the student to perform calculations and match concepts to their descriptions.
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Management information nov dec - 2014 Question ICAB Knowledge Level
1. This document provides a management information exam with 7 questions testing various costing and financial management concepts. It includes questions on cost units, product and period costs, overhead apportionment, variance analysis, margin of safety, payback period, inventory valuation methods, and their effects on financial statements.
2. Question 1 defines cost units, product costs, and period costs, and requires calculation of departmental overhead costs after apportionment. Question 2 involves overhead absorption rates and calculation of inventory values under marginal and absorption costing. Question 3 covers the cash operating cycle concept and calculation of additional cash generation from changes in inventory and payables policies.
3. The remaining questions cover topics like margin of safety, pay
Cost Management
WE ARE PROVIDING CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS, PROJECT REPORTS
AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / IGNOU
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - MMS - DBM - PGDBM - DBA
www.casestudies.co.in
aravind.banakar@gmail.com
ARAVIND 09901366442 – 09902787224
Competitive Price /
Super Fast Mail Services /
High Quality Standard.
Cost _mgmt._accounting. 9901366442 / 9902787224 / www.mbacasestudyanswers.com
1. The document provides information about the purchase of three chemicals by a manufacturer in Mumbai from Uttar Pradesh, including purchase quantities, rates, taxes, and freight charges. It also provides information about shortages received and additional charges paid.
2. It asks the reader to calculate stock rates for each chemical, accounting for a 4% deterioration provision, and show available quantities.
3. It provides two other cost and management accounting questions on activity-based costing and the discontinuation of a product.
CSS{
This document provides instructions and questions for an exam consisting of two parts:
- Part I is 30 multiple choice questions worth a maximum of 20 marks
- Part II consists of 4 questions worth 20 marks each from two sections, for a total of 80 marks
Candidates must attempt only two questions from each section of Part II, writing their answers on a separate answer book and including the question number. Calculators are allowed. The document then provides the exam questions.
Cost _management__accounting_9901366442 / 9902787224 / www.mbacasestudyanswe...
WE PROVIDE
CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS
PROJECT REPORTS AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / PSBM / NSBM ISM / IGNOU / IICT / ISBS / LPU / ISM&RC / NMIMS /ISBS / MANIPAL / GARUDA / HIMALAYA IMT / IC MIND / IACT / UPES
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - DBM - PGDM - BBM – DBA - PGDM
www.mbacasestudyanswers.com
www.casestudysolution.in
aravind.banakar@gmail.com
ARAVIND
09901366442 – 09902787224
9901366442 / 9902787224 / www.mbacasestudyanswers.com
Acct 505 week 4 midterm new 2016
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Click Link Below To Buy:
https://hwaid.com/shop/acct-505-week-4-midterm-new-2016/
Contact Us:
hwaidservices@gmail.com
Cost & management
WE ARE PROVIDING CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS, PROJECT REPORTS
AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / IGNOU
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - MMS - DBM - PGDBM - DBA
www.casestudies.co.in
aravind.banakar@gmail.com
ARAVIND 09901366442 – 09902787224
Competitive Price /
Super Fast Mail Services /
High Quality Standard.
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This document provides an example exam for an accounting course (ACCT 326) with 9 multiple choice questions covering topics like overhead allocation, cost of goods sold, job order costing, and activity-based costing. The questions provide financial and production data for various manufacturing companies and ask the student to perform calculations and match concepts to their descriptions.
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WE ARE PROVIDING CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS, PROJECT REPORTS
AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / IGNOU
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - MMS - DBM - PGDBM - DBA
www.casestudies.co.in
aravind.banakar@gmail.com
ARAVIND 09901366442 – 09902787224
Competitive Price /
Super Fast Mail Services /
High Quality Standard.
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The document discusses preparing manufacturing accounts to calculate the unit cost of items produced. It provides:
1) A manufacturing account calculates the cost of producing completed goods by tracking raw material costs, direct wages, factory overheads and work-in-progress.
2) Key areas of the manufacturing process like raw material consumption, prime costs, factory overheads and cost of goods manufactured are calculated.
3) The complete manufacturing account format should show these key areas and the unit cost of production is calculated by dividing total cost of goods manufactured by the number of units sold.
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Accountancy
WE ARE PROVIDING CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS, PROJECT REPORTS
AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / IGNOU
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - MMS - DBM - PGDBM - DBA
www.casestudies.co.in
aravind.banakar@gmail.com
ARAVIND 09901366442 – 09902787224
Competitive Price /
Super Fast Mail Services /
High Quality Standard.
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This document provides a cost analysis of Amul ice cream's fruit and nut flavor. It includes an overview of the Indian ice cream industry and Amul company. A cost sheet is presented analyzing the direct costs to manufacture one 100g cup of Amul ice cream, including raw materials like milk, dry fruits, sugar, and flavors. The direct cost analysis finds the per unit cost of a single cup of Amul ice cream.
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1) A cost sheet is a statement that shows the various components of the total cost of a product by classifying and analyzing costs. It helps ascertain costs, fix selling prices, and facilitate managerial decisions.
2) The components of total cost shown on a cost sheet include prime cost (direct materials, direct wages, direct expenses) and factory cost (prime cost plus factory overheads like indirect materials, wages, expenses).
3) Historical cost sheets are prepared based on actual incurred costs, while estimated cost sheets use forecasted costs and help set tender prices for jobs before production begins.
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WE ARE PROVIDING CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS, PROJECT REPORTS
AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / IGNOU
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - MMS - DBM - PGDBM - DBA
www.casestudies.co.in
aravind.banakar@gmail.com
ARAVIND 09901366442 – 09902787224
Competitive Price /
Super Fast Mail Services /
High Quality Standard.
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The document discusses preparing manufacturing accounts to calculate the unit cost of items produced. It provides:
1) A manufacturing account calculates the cost of producing completed goods by tracking raw material costs, direct wages, factory overheads and work-in-progress.
2) Key areas of the manufacturing process like raw material consumption, prime costs, factory overheads and cost of goods manufactured are calculated.
3) The complete manufacturing account format should show these key areas and the unit cost of production is calculated by dividing total cost of goods manufactured by the number of units sold.
Chapter 17 accounting ii
This document discusses job order costing. It defines job order costing and process costing, and explains how job order costing accumulates costs by unique job. The four steps to track product costs are accumulate, assign, allocate, and adjust. Job order costing is used by companies that produce unique products like furniture manufacturers, while process costing is used by companies with identical units like soft drink bottlers. The document also explains how to calculate a predetermined overhead rate and allocate overhead costs to jobs using the rate.
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WE ARE PROVIDING CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS, PROJECT REPORTS
AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / IGNOU
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - MMS - DBM - PGDBM - DBA
www.casestudies.co.in
aravind.banakar@gmail.com
ARAVIND 09901366442 – 09902787224
Competitive Price /
Super Fast Mail Services /
High Quality Standard.
Absorption costing vs variable costing
- The company reported fluctuating profits over 3 months despite consistent sales prices.
- Production and sales volumes varied each month. Fixed costs were budgeted at Rs. 400,000 per month but absorbed differently each month due to varying production levels.
- Under absorption costing, profits fluctuate due to under/over application of fixed costs to inventory and cost of goods sold each period. With variable costing, fixed costs are expensed and contribution margin is calculated, leading to more stable reporting of performance.
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1) A cost sheet is a statement that shows the various components of the total cost of a product by classifying and analyzing costs. It helps ascertain costs, fix selling prices, and facilitate managerial decisions.
2) The components of total cost shown on a cost sheet include prime cost (direct materials, direct wages, direct expenses) and factory cost (prime cost plus factory overheads like indirect materials, wages, expenses).
3) Historical cost sheets are prepared based on actual incurred costs, while estimated cost sheets use forecasted costs and help set tender prices for jobs before production begins.
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The document summarizes information about Parle Products, a leading Indian biscuit and confectionery company. It discusses Parle's history since 1929, brands which include Parle-G glucose biscuits, market share of 35% in biscuits and 15% in confectioneries, manufacturing facilities, annual turnover of Rs. 2000 crores, and mass marketing strategy for Parle-G. It also provides a SWOT analysis of Parle Products identifying strengths like low prices and variety of products as well as weaknesses like dependency on flagship brand Parle-G and lack of schemes for retailers. Opportunities and threats from competition are also outlined.
Parle project- PDF
This document is an internship project report submitted by Jayesh Darji to BK School of Business Management in partial fulfillment of an MBA program. The report details Darji's summer internship at Parle Products Private Ltd, where they studied accounting and auditing practices. It includes an acknowledgements section, objectives, data collection methods, an executive summary of key findings, an industry overview of the biscuit sector, an overview of Parle Products, descriptions of accounting and auditing processes, and conclusions.
Cost sheet of a chocolate company and its analysis
This document provides an overview of a management accounting project for Goobers Chocolate. It includes the company profile of Blumenthal Chocolate Company, which introduced Goobers in 1985 in India. The business plan and strategy for Goobers Chocolate is to target younger consumers and middle age groups by launching different pack sizes before Christmas and New Year at promotional prices and distributing free samples. The document also covers the ingredients, production process, competitors and a SWOT analysis of Goobers Chocolate.
Project on marketing study of parle
This document provides information about a marketing study conducted on Parle biscuits. It includes an executive summary of the study which examined Parle's distribution system and promotional tools. It identified issues and recommendations for improvement. The document outlines the objectives of the study which were to understand Parle's marketing strategy and examine consumer preferences and competitive activities through retailer surveys. It then describes the research methodology used, including primary and secondary data collection methods.
Project on biscuits,business studies project work, 12 class business project ...
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Cost sheet of a chocolate company and its analysis
Cost sheet of a chocolate company and its analysis
Project on biscuits,business studies project work, 12 class business project ...
Project on biscuits,business studies project work, 12 class business project ...
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Cost sheet questions
- 1. Question 1 A factory uses a job costing system. The following cost data are available from the books for the year ended 31st March, 1989: Rs. Direct Material 9,00,000 Direct Wages 7,50,000 Profit 6,09,000 Selling and Distribution Overhead 5,25,000 Administrative Overhead 4,20,000 Factory Overhead 4,50,000 Required (a) Prepare a Cost Sheet indicating the prime cost, works cost, production cost, cost of sales and sales value. (b) In 1989-90, the factory has received an order for a number of jobs. It is estimated that the direct materials is would be Rs. 12,00,000 and direct labour would cost Rs. 7,50,000. What would be the price for these jobs if the factory intends to earn the same rate of profit on sales, assuming that the selling and distribution overhead has gone up by 15%. The factory recovers factory overhead as a percentage of direct wages and administrative and selling and distribution overheads as a percentage of works cost, based on the cost rates prevalent in the previous year. Question 2 The books of Adarsh Manufacturing Company present the following data for the month of April, 1992. Direct labour cost Rs. 17,500 being 175% of works overheads. Cost of goods sold excluding administrative expenses Rs. 56,000. Inventory accounts showed the following opening and closing balance: April 1 April 30 Rs. Rs. Raw materials 8,000 10,600 Works in progress 10,500 14,500 Finished goods 17,600 19,000 Other data are : Rs. Selling expenses 3,500 General and administration expenses 2,500 Sales for the month 75,000 You are required to (i) Compute the value of materials purchased (ii) Prepare a cost statement showing the various elements of cost and also the profit earned.