all acc doubts here !!

[immortal]

why do we need to divide by 0.9 by not *90%?

Q2) The table contains information for the two products of a company.
      product X Y respectively :
      contribution per unit $12 , $9
       machine hours required per unit 6, 3
       estimated sales demand 200 , 200
       required machine hours 1200,  600
       machine capacity limited to 1200 hours
       What is the maximum possible contribution?
Ans : $3000

90%=90/100=0.9

Q2)machine capacity is da limiting factor
    Find contribution per machine hour.
    12/6=2                       9/3=3
  product2 is contributing da most so production of it shud b max dat is 600/3=200units
   this tkes up 600 machine hrs,da rest 1200-600=600 is used in production of product1.
 
600/6=100,r da units of product1 2 b produced.

Max Contribution=200*9+100*12=$3000
 

[pastyear]

immortal,
i mean times 90% or 0.9 since 10% is faulty
why divided by 90%?

[immortal]

immortal,
i mean times 90% or 0.9 since 10% is faulty
why divided by 90%?

U do da calculations..as 450 needed 2 b produced
X*90%=450(as 450 shud b da production after excluding da 10% faulty)
X=500

so 500*10%=50(faulty products)
500-50=450.

[pastyear]

how do you know this:
X*90%=450(as 450 shud b da production after excluding da 10% faulty)
but d question didnt say

[fireburner]

Ok i have a question from company accounts:

Company had ordinary shares 240000 of $0.50 each
8% preference shares of $1 each
Interim dividends paid: Preference shares 3000
                               Ordinary shares    4600

During the year company made a bonus issue of two Ordinary shares for evry five held. Following the bonus issue company also made a rights issue of one ordinary share for every five held at $0.80 each. Both issues of shares are entitled to dividends of the year ended.

Can somebody work this adjustment out and the treatment of it in the final account/s

[immortal]

Ordinary shares of ($0.5)   =240000+96000+67200=403200shares
share premium =67200*(0.8-.05)=$20160
Bank=67200*0.8=$53760
Dividends 2 ordinary shares =4600/240000*403200=$7728
dividends accrued=7728-4600=$3128
 

[fireburner]

How did you got the amount 67200?

[immortal]

240000+96000=336000
4 every 5 shares 1 right issue =336000/5=67200 shares of value $33600

[fireburner]

Thanks man.

but what about the treatment?

anyways i will speak it out for you:

share premium will be addded under the capital and reserves section in the bs

Bank will also come in the bs under current assets

Dividends accrued in current liabilities

Dividends 2 ordinary shares in the appropriation A/c under profit after taxes & interest

correct?

[rmk]

can any one give some worksheet for accouting
which will be help ful

[pastyear]

which topic of worksheet?

[pastyear]

immortal, you haven't answer my question yet.

[immortal]

Thanks man.

but what about the treatment?

anyways i will speak it out for you:

share premium will be addded under the capital and reserves section in the bs

Bank will also come in the bs under current assets

Dividends accrued in current liabilities

Dividends 2 ordinary shares in the appropriation A/c under profit after taxes & interest

correct?

Its correct ,didnt ans because its common sense..

[immortal]

how do you know this:
X*90%=450(as 450 shud b da production after excluding da 10% faulty)
but d question didnt say

It shud b understood dat production 4 da month shud b 450.
so as 10% r faulty, da production should b such dat output is 450
Its mentioned in da question da 10% r faulty..

[***exam***]

good going people !!
every 1 working hard !! i need 2 start soon !!

and wow immortal u great at acc !!!