Have anyone solution of Advance Costing of Padhuka
Chapter – Marginal Costing
Exercise – 20 (Final May – 1995)
Please Forward Me…
dharmco @ gmail.com
CA SUDIPTA SINHA
(Commerce Coaching- Accounts Cost FM)
(735 Points)
Replied 06 May 2009
the prob can be solved by apllying maxima minima.
Let 'y' be the total contribution that has to be maximised and 'x' be the selling price . now set the following equation:
y= [10000-(x-25)X500/0.5](x-17)
y=52000x-595000-1000x2
then dy/dx=52000-2000x and d2y/dx2=-2000
setting dy/dx=0 we get 52000-2000x=0 or x=26 hence the selling price is Rs.26. the quantity sold is 9000units.
CA.Deepak Gaba
(Chartered Accountant)
(354 Points)
Replied 07 May 2009
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