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Acccounting answer

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ujjal:
Can any body provide me answer of accounting p22 oct 2010
1.purchase
   Net profit
   Bank
   Balance sheet total

2. Subscription
    Net profit
    Income and expenditure balance

3. Bep
    Margin of safety
    Total contribution
    Profit

cs:
I did that paper too, its 24 hr now so we can discuss, how do you do the last marginal costing?

ujjal:
Ya marginal costing was little biteasy.

Break even was 720000
profit was 80000
margin of safety %was 40%
for 2nd product there was -contribution


Its my ans, i am not sure abt my ans
what abt u all

Lets compare

what is your ans of 1,2,3

Dean:

--- Quote from: ujjal on October 31, 2010, 10:58:15 am ---Ya marginal costing was little biteasy.

Break even was 720000
profit was 80000
margin of safety %was 40%
for 2nd product there was -contribution


Its my ans, i am not sure abt my ans
what abt u all

Lets compare

what is your ans of 1,2,3

--- End quote ---

The break even you gave is in terms of sales value and the answer in terms of units was 120000 i think.

For the rest of the answer i've got the same.

For the second question i didn't know what to do with the life subscription. There was a bad debt by a member which i think should be included in the subscription A/c.

The first number i think i did ok but i'm not remembering of my answers. One thing that i'm sure of is that i did not balance it  ;D

cs:
What are we suppose to do to find the maximum profit?

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