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Question: After inviting tenders, two quotations are received as under:
Supplier A- Rs. 2.20 per unit.
Supplier B- Rs. 2.10 per unit + Rs. 2,000 fixed charges irrespective of units ordered.

(i) Calculate the order quantity for which the purchase price per unit will be the same.
(ii) Select the supplier if the purchase officer wants to place an order for 15,000 units.

wat is job costing why it's demand in current market

The ESIC enhanced wage ceiling from Rs. 10000/- to Rs. 15000/- It will leads to get social security for more employees. But is not mentioned from which date it will be applicable. So in this regard clarification is requiredm when it will be applicable and also send me the notification copy.

V.Raja Sekhar

Can a practising CA firm whether a sole proprietorship or partnership open a CC A/c with Bank?? I have mostly seen Current Account of CA Firms not CC A/c. If it can open CC A/c then what would be given as hypothecation? Because in CC A/c normarlly business units hypothecate their stocks.

What will be my final attempt if i started training from 21.08.2007 I am in the course of pcc

WHAT IS MEANING OF "KHASARA"TERM USED IN PROPERTY PAPERS.

i have a new project bank loan 85 lakhas required
t/l 35 Lakhs and c/c 50 lakhs i have no colletaral kya without colletral bank finance kar sakati hai it is a rice mill project

SIR PLEASE TELL ME THE MEANS OF individual & h.u.f.IF I HAVE A CO. NAMED CHWALA TRANSPORT CO. THAN AM I A INDIVIDUAL OR H.U.F PLEASE SIR ITS ADVANCE

CASE STUDY

ABC Corporation decided to foray into a restaurant business with an investment of Rs. 2 crore. They expected a ROI of 10 % the initial broad distribution of costs was estimated as follows.
Raw material cost 25%
Manpower cost 22%
Energy 28%
Other costs 15%
Profit 10 %

They decided to open a restaurant of 100 covers. The menu comprised of 15 items in various categories. The finance department was given a task to prepare a daily budget of income and expenditure to achieve a net profit of 10% over a year.

The company thought that the restaurant business is very simple and decided to keep the prices low to attract more customers.

Their menu consisted as follows

Items Selling Price
Soup n.veg 40
Soup sea food 60
Starter non veg 80
Starter veg 50
Main course Indian non veg 160
Main course prawns 320
Main course lamb 225
Main course conti chicken 120
Main course lamb conti 160
Veg main course Indian 80
Veg main course conti 100
Salad non veg 60
Salad veg 40
Rice 40
Dessert 60


The restaurant opened with a fan fare and had very good response for 2 weeks. After that, they started getting customer complaints about the following:
• inconsistency in quality of food,
• portions sizes,
• plate presentation,
The customer base started reducing. At the end of year, the restaurant was at a loss. They hired a consultancy firm to analyze the problem. The analysis showed following results:
Raw material cost 45 %
Manpower Cost 20%
Energy 30%
Other costs 25 %
Loss 20%

The consultant went through various Pre control phases like menu planning, pricing policies, methods of ordering food, purchasing methods, budget planning and execution on a daily basis and daily MIS system of revenue and expenditure control.

If you are hired as a consultant, how will you analyze the problem, prepare a budget and suggest the solution to restore the profitability and customer satisfaction.
pl help me pl answer the question. i cant do that pl urgent pl help me

We have entered into an agreementto pay rent for immoveable property of Rs.12500p.m.i.e.150000p.a. pls tell me should we deduct tds on rent paid or no since from 1st july 2010 tds ceiling is going to increase to 180000 p.a.