- Company has fixed expenses of Kshs. 90,000 with sales at Kshs. 300,000 and a profit of Kshs. 60,000. Calculate the Profit – Volume ratio. If...(Solved)
(a) Company has fixed expenses of Kshs. 90,000 with sales at Kshs. 300,000 and a profit of Kshs. 60,000. Calculate the Profit – Volume ratio. If in the next period, the company suffered a loss of Kshs. 30,000. Calculate the sales Volume.
(b) What is the margin of safety for a profit of Kshs. 60,000 in (a) above?
Date posted: April 15, 2019. Answers (1)
- The following information relates to production and sales of an article for January and February 2004.(Solved)
The following information relates to production and sales of an article for January and February 2004.
(i) Break – even sales volume
(ii) Profit or loss at Kshs. 46,000 sales
(iii) Sales to earn a profit of Kshs. 5,000.
Date posted: April 15, 2019. Answers (1)
- The following figures of sales and profits for two periods are available in respect of a concern:(Solved)
The following figures of sales and profits for two periods are available in respect of a concern:
You are required to find;
(i) P/V ratio
(ii) Fixed cost
(iii) Break – even point
(iv) Profit at an estimated sale of Kshs. 125,000
(v) Sales required to earn a profit of Kshs. 20,000
Date posted: April 15, 2019. Answers (1)
- (a) Fixed costs Kshs. 40,000 variable cost 60% on sales. Determine the break – even point.(Solved)
(a) Fixed costs Kshs. 40,000 variable cost 60% on sales. Determine the break – even point.
(b) Find out new break - even point if;
(i) Fixed costs increase by Kshs. 10,000
(ii) Variable costs increase by 15% on sales
(iii) Sales price increases by 20%
(iv) Variable costs are reduced by 10%
Date posted: April 15, 2019. Answers (1)
- Explain the margin of safety(Solved)
Explain the margin of safety
Date posted: April 15, 2019. Answers (1)
- Illustrate Target Profit Analysis(Solved)
Illustrate Target Profit Analysis
Date posted: April 15, 2019. Answers (1)
- Illustrate Break – even computation(Solved)
Illustrate Break – even computation
Date posted: April 15, 2019. Answers (1)
- List the significance of break – even analysis(Solved)
List the significance of break – even analysis
Date posted: April 15, 2019. Answers (1)
- Define Price Setting and Quotations(Solved)
Define Price Setting and Quotations
Date posted: April 15, 2019. Answers (1)
- Discuss manufacturing versus Non – Manufacturing Costs(Solved)
Discuss manufacturing versus Non – Manufacturing Costs
Date posted: April 15, 2019. Answers (1)
- Discuss the 3 overheads in cost accounting(Solved)
Discuss the 3 overheads in cost accounting
Date posted: April 15, 2019. Answers (1)
- Discuss the Analysis of Total Cost(Solved)
Discuss the Analysis of Total Cost
Date posted: April 15, 2019. Answers (1)
- List and explain methods of Cost Classification(Solved)
List and explain methods of Cost Classification
Date posted: April 15, 2019. Answers (1)
- The cost classification provides the detailed information regarding the various aspects of cost items. This information is used by the management for what purposes?(Solved)
The cost classification provides the detailed information regarding the various aspects of cost items. This information is used by the management for what purposes?
Date posted: April 15, 2019. Answers (1)
- State and explain the main elements of cost(Solved)
State and explain the main elements of cost
Date posted: April 15, 2019. Answers (1)
- What are the purposes of Cost Accounting?(Solved)
What are the purposes of Cost Accounting?
Date posted: April 15, 2019. Answers (1)
- Management Accounting has been defined in the words:-"The provision of information required by management". For what purpose?
(Solved)
Management Accounting has been defined in the words:-"The provision of information required by management". For what purpose?
Date posted: April 15, 2019. Answers (1)