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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

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

= 210 + 140+50 = 400 pu

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 i hope this will help you alot

Apr 13th, 2015

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Apr 13th, 2015
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Apr 13th, 2015
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