Question: 6:17 Dec.2016 AFM Ques... 6. 0 B/s 81 From the following Profit and Loss Account, you are required to compute cash from operations. Profit
6:17 Dec.2016 AFM Ques... 6. 0 B/s 81 From the following Profit and Loss Account, you are required to compute cash from operations. Profit and Loss Account for the year ending 30th June 2014 Rs. Particulars Rs. 5,000 By Gross profit 25,000 1,000 By Profit on sale of land 5,000 2,000 By Income tax refund 3,000 Particulars To Salaries To Rent To Depreciation To Loss on sale of plant 1,000 To Goodwill written off 4,000 To Proposed dividend 5,000 To Provision for taxation 5,000 To Net profit 10,000 Total 33,000 7. 10,000 33,000 Beta manufacturer's ltd. has supplied you the following information in respect of one of its products: Total Fixed Costs 18,000 Total Variable Costs 30,000 Total Sales 60,000 Units Sold 20,000 Find out (a) Contribution per unit, (b) Break- even point (c) Margin of safety, (d) Profit, and (e) Volume of sales to earn a profit of Rs. 24,000 3 MBAC 1003/ MBLC 1001 0 n
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