EACC506 Assignment 2 PDF

Assignment No. 2 RegdNo. 324102883 Course Code: EACC506 Registration Number: _________ Instructions: a. Attempt all questions given below in your own handwriting. Assignment in typed format will not be considered for eval...

Assignment No. 2 RegdNo. 324102883 Course Code: EACC506 Registration Number: _________ Instructions: a. Attempt all questions given below in your own handwriting. Assignment in typed format will not be considered for evaluation. b. The student has to complete the assignment in the allocated pages only. Any other page in case utilized shall not be considered. Q1. If sales Rs. 20,00,000, variable cost Rs. 15,00,000 and fixed cost Rs. 2,00,000, calculate the following: (a) Profit Volume Ratio (b) Break-even Point (c) Sales required to earn profit of Rs. 5,00,000 [10 Marks] Signature of the Student__________________ Page 1 of 2  RegdNo. 324102883 Assignment No. 2 Course Code: EACC506 Registration Number: _________ Instructions: a. Attempt all questions given below in your own handwriting. Assignment in typed format will not be considered for evaluation. b. The student has to complete the assignment in the allocated pages only. Any other page in case utilized shall not be considered. Q2. From the following you are required to prepare a statement showing the issues made under FIFO method: Date Opening Balance 100 units at Rs.10 each 1 Received 200 units at Rs. 10.50 each 2 Received 300 units at Rs. 10.60 each 4 Issued 400 units to Job A vide MR No. 12 6 Issued 120 units to Job B vide MR No. 22 7 Received 400 units at Rs. 11 each 10 Issued 200 units to Job C vide MR No. 32 12 Received 300 units at Rs. 11.40 each 13 Received 200 units at Rs. 11.50 each 15 Issued 400 units to Job D vide MR No. 42 [10 Marks] Signature of the Student__________________ Page 2 of 2