Costing & FM paper PCC/IPCC may 2010

here are the answers for todays paper.. just tell me if iam right?

1 (III).

paper was a bit lengthy... have to manage time properly. i was nt able to attend full paper

i left that question as time was not sufficient for me

i gues ur ans is right

4. PV ratio

Change in Profit / Change in sales

1000000/2500000 = 40 %

Fixed Cost

Sales = 57L

Cont = 22.8L

Profit = 7L

F.C = 15.8L

Sales Reqd for Profit of 1200000

FC+Cont shud b equal to Cont

15.8+12=40% of sale

sales = 69.5L

6. Balancesheet - ratio

Fixed Assets = 1500000

Debtors         =    500000

Stock              =   375000

Cash             =    250000

Total              =    2625000

networth = 15L/1.2 = 12.5L

SC = 12.5/1.6 = 781250

R&S =                  468750

Sundry Creditors = 750000

Borrowings =    625000

ya ya. i also got the same. can u tel me process a/c's

RTP sum

piz anybody tell me q.2..........................ans????????

finished goods profit 325000

plz tell me q.2 mr. nitesh .....

Thanx a ton for the last ans.. yippie .. got it right :)

Costing & FM Paper is gone!!!!!!!!!!!!!!!!!!!

Now please suggest something for TAX?????????????????????????????????