Discussions on accounting P2

[Prince007]

Question was very easy!!!! Question one if u r getting the deprication as 10 % and 25% they r right.
Question 3 : Contribution: Sales-Total VC
                  BEP: Sales/ CS ratio
                  100000 profit on e: Fixed cost + profit / CS ratio
                  Sales was given so the normal marginal method
                  5% decrease from sales then same FC + profit / cs ratio (on new sales)

[***exam***]

Insert Quote
loool thanks.
u made my day mate

any time !

Question was very easy!!!! Question one if u r getting the deprication as 10 % and 25% they r right.
Question 3 : Contribution: Sales-Total VC
                  BEP: Sales/ CS ratio
                  100000 profit on e: Fixed cost + profit / CS ratio
                  Sales was given so the normal marginal method
                  5% decrease from sales then same FC + profit / cs ratio (on new sales)

oh u made the paper sound so easy !!!!  lol i wish i knew this b4 exam lol
now m damn sure my ques 3 has gone bad  ! i always thought it went good
n ques 2 u got depreciation how !!!!!!! 

[Prince007]

I question 2 u have to find it by the normal depri method !!! i luckly got it!!!! But messed up in b part

[***exam***]

A part was p&l right
n B part was depreciation

but they never gave the depreciation 4 current yr          nor the assets separately

nothing was clear evrything messed up so i didnt know how to find out   n no NBV of the assets sold !!!

[Dzeser]

can u guys post ur balcing figures and net profit 4 question 1 my net profit was 318 and figures 1656

[***exam***]

my np waz in 400z n balance sheet didnt tally

[Prince007]

Hey my balance also did not tally i got my mistaks
1 i only took the closing raw materials i had to take all the 3 raw materials finshed goods and work in progrees

2 i included bank interest and bank chargers in manufacturing account which should be included in p & l
 

[Khey [Rainbow]]

The paper was okay xcept Q2!!
seems like evry1messed up in that question. its good that way so threshold will be low

[pastyear]

no ppl take paper 23?

[***exam***]

Hey my balance also did not tally i got my mistaks
1 i only took the closing raw materials i had to take all the 3 raw materials finshed goods and work in progrees

2 i included bank interest and bank chargers in manufacturing account which should be included in p & l
 

OMG !! u had 2 take all three even i took only 1
then i took the rent prepaid as rent receivable

[SAKS10111]

can u guys post ur balcing figures and net profit 4 question 1 my net profit was 318 and figures 1656

yeah i got those too, i think thats right because mine balanced fine

[***exam***]

yeah i got those too, i think thats right because mine balanced fine

which variant did u take ??

[immortal]

which variant did u take ??

variant 2

[***exam***]

@ immortal :  oh ya same  so did u find it diff 2 ?? i think variant was the toughest thats what i heard

[immortal]

It waz tough,da guy beside me didn't even do Q3 left it totally blank,poor fellow..but still v shud hve been able 2 solve it..