The stock in hand of material as on 1st September was 500 units at Rs. 10 per unit. The following purchases and issues were subsequently made. Prepare the Stores Ledger Account showing how the value of the issues would be recorded under FIFO method. Purchases 6th Sept. 100 units at Rs. 11 20th Sept. 700 …
Cost & Management Accounting Practical Problems & Solutions Read More »
1) Calculate Quartile Deviation from the following Earnings (Rs) Number of Persons 25 25 26 70 27 210 28 275 29 430 30 550 31 340 32 130 33 90 34 55 35 25 SOLUTION: Quartile Deviation (QD) is a measure of the spread or dispersion of a data set, specifically focusing on the middle …
NMIMS Decision Science Assignment solution for April 2025 Read More »
Q1. Prepare final accounts from the following balances -Trial Balance as on 31.03.2024 Addition information: • The closing inventory as on 31.03.2024 was valued at Rs. 3,68,500. • Depreciation on plant @ 15% and on Building @ 10%. • Outstanding printing and stationery expense Rs. 5000. • Prepaid advertisement expense Rs. 15000. (10 Marks) ANSWER …
NMIMS Financial Accounting Assignment Solution April 2025 Read More »
