How much of profit, if any, would you allow to be considered in the following case? Rs

Question:

How much of profit, if any, would you allow to be considered in the following case?

Rs Contract cost 2,80,000 up-to-date Contract value 5,00,000 Cash received 2,70,000 Rs Uncertified work 30,000 Deduction from bills By way of security 10%

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting

ISBN: 9788131759462

1st Edition

Authors: K. Alex

See More Books

Question Posted: Jul 22, 2024 07:02 AM

See More Questions

In Problems 5978, solve each equation in the complex number system. x 2 - 4 = 0
Define the concept of integrity. What are the major features of integrity?
Study Appendix 16A. Suppose that the evaluation of the purchasing officer for a refinery is based on the gross margin on the oil products produced and sold during the year. During the year, the price...
2. Describe how cultural differences between the U.S. and Japan may have played a role in Toyotas quality problems.
This is the third year audit of Green Lawns. The company has carved out a new market niche on the Web for the delivery of lawn and garden supplies, including links with local companies that provide...
(150,000 -- 30,000) = 24000 every year. 2000 - 2. Depreciation 41000x6/12 =1000 Able purchased a machine for $150,000 on March 1, 2017. The asset has a 5 year life and a $30,000 salvare value. The...
New Vistas Builders Limited undertook a contract on 1st January 1997 with an escalation clause. The clause provided that if material prices and wage rates increase by more than 10%, the contractor...
The following was the expenditure on a contract for Rs 12,00,000 commenced in January. Rs Materials 2,40,000 Wages 3,28,000 Plant 40,000 Overheads 17,200 Cash received on account of the contract up...
If we reject the null hypothesis and we were wrong to do so, what type of error have we made? Give an example of a research situation in which this could occur.
After Amazon acquisition to zappos 1- Did this merge succeeded or not? with detailed reason and explanations 2- What is the difference between culture in 2 companies? 3- How amazon deal with the...
Select and discuss one of the four images described in Exhibit 17.4 (Bolman & Deal, 2017) Exhibit 17.4 Reframing Leadership Leadership is effective when: Frame Leader is: ...
Discuss an example of contrasts between labor developments in Florida in the 1 9 3 0 s and those elsen in the U . S . at that time. Discuss the significance of the contrasts.
Can someone help with the mission and vision statements for a company producing facial cleaners?
A recent study was conducted on screen time and grades of children ages 15 to 18. 65% of students were categorized as excessive use (screen time was 5+ hours per day), 28% were considered moderate...
On the basis of the low of conservation of angular momentum, discuss why a helicopter must have more than one rotor (or propeller). Discuss one or more ways the second propeller can operate to keep...
A simple random sample of 220 university students were asked what pasta they usually order and with which sauce. The preferences of these respondents are summarised below: Sauce Bolognese Pasta...
26. The historical rate of return on stock xyz was regressed on the rate of return of stock M. The slope of the regression line was 0.8, the standard deviation of the residuals was .3 and the...
Why do people always use Price to sale to evaluate Start-up of Technology instead of using P/E, P/E, P/B?
How do i calcualte total cost of job

How much of profit, if any, would you allow to be considered in the following case? Rs

Question:

Step by Step Answer:

Cost Accounting

Students also viewed these Business questions