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all acc doubts here !!

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***exam***:
same paper may/june04  Q3 A)  how do we get administration amount :$ 63000 (as given in the marking scheme ???
http://www.srepapmaxeeeerf.org/A%20Level/Accounting/CIE/2004%20Jun/9706_s04_ms.pdf   (page 10 )

immortal:

--- Quote from: ***exam*** on May 23, 2010, 01:09:10 am ---same paper may/june04  Q3 A)  how do we get administration amount :$ 63000 (as given in the marking scheme ???
http://www.srepapmaxeeeerf.org/A%20Level/Accounting/CIE/2004%20Jun/9706_s04_ms.pdf   (page 10 )

--- End quote ---
The variable administration OH is $63000 while da admin overhead is $133000.
It's give da admin OH is $140000 4 5000units, of which 50% is variable.
der4 4 4500units da fixed remains constant,& da variable cost varies
140000*50%=70000(fixed)
70000*4500/5000=63000(variable)
 

immortal:

--- Quote from: ***exam*** on May 23, 2010, 12:57:15 am ---guys i need help with Q2 A)  of may/june 04 paper 2
http://www.srepapmaxeeeerf.org/A%20Level/Accounting/CIE/2004%20Jun/9706_s04_qp_2.pdf

i went through the ms but still didnt understand where did  the figures come from..i didnt get both the goodwill n capital acc !!
 Thanks :D


--- End quote ---
I can solve this, but u might get confused, as der r many ways 2 treat goodwill..

dodi23:
ppl theres a chapter bout sole traders tht i noe nothing of nd how to prepare stock iventory statements...u hv ny idea??????

immortal:

--- Quote from: dodi23 on May 23, 2010, 10:24:44 am ---ppl theres a chapter bout sole traders tht i noe nothing of nd how to prepare stock iventory statements...u hv ny idea??????

--- End quote ---
Post ur questions & vll try 2 solve dem :)
Check out http://basiccollegeaccounting.com/  this might help.

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