26 July 2016
hello
in a question given the data below
there is a discount of 20% on selling price. variable cost is 50% of Labour cost. but in solution variable cost has been taken 40% of Labour cost. why it is taken after 20% disc.? 50-20%=40% although other cost has been taken as it is as given in the que.
26 July 2016
it is bit erroneous to give opinion from whatever data you have given...... but one thing should be carefully noted.......it is more of test of ENGLISH rather than test of COSTING/ MATHEMATICS if you could share the entire wording/ question then I will be able to give opinion.... you can share the same on my e mail amolshankar@gmail.com
CAclubindia
