Please clarify me it would be great helpful to understand further problem.
Regards,
Chandrakumar
Dear Friends,
Please clarify me the below doubts. It would be greatful if I get immediate assistance from you because I am preparing IPCC nov exam by myself without coaching. Please have a look and advise me in this problem.
Please tell me how to calculate fixed manufacturing exp and opening stock and closing stock for 2years
CAMIB Limited commencing a new project..... Annual Production 12000 Units and following info
Cost per Unit
Material 40
Direct Labor 20
Fixed Manufacturing exp. 6
Dep. 10
Fixed admin exp 4
The selling price is Rs 96 and selling exp. 5 per unit, 80% of which is variable.
1st year Production 6000
2nd year Pro.. . 9000
Sales : 5000 (1st year
8500 (2nd year)
Stock of material : 2.25 , WIP : Nil, Debt: 1 month's average cost of sales, Cash 10000, creditors 1 month average purchases, creditors exp 1 month aver, Valuation of fineshed goods stock at average cost,
Prepare , project statement of p&l and projected steatemnet of working capital requirements
CAclubindia
