Time remaining:
Answer the accounting question.

Accounting
Tutor: None Selected Time limit: 1 Day

Shastri Bicycle of Bombay, India produces an inexpensive, yet rugged, bicycle for use on this city’s crowded streets that it sells for 500 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected date for the company’s operations last year follow:

1.     Assume that the company uses absorption costing. Compare the unit product cost for once bicycle.

Apr 13th, 2015

Unit cost of each bicycle under Abs Costing = Dir Mat + Dir Lab + Var OH + Fixed OH pu

= 210 + 140+50+ 600,000/10,000 = 400+60 = 460 pu

uploaded image

Unit cost of each bicycle under Var Costing = Dir Mat + Dir Lab + Var OH

= 210 + 140+50 = 400 pu

uploaded image

 i hope this will help you alot

Apr 13th, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Apr 13th, 2015
...
Apr 13th, 2015
Mar 24th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer