Qualification > Commerce
all acc doubts here !!
***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
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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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