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1. DLF Manufacturers has been offered an agreement by Dominate Ltd. to work for it five uncommon Visitor Houses for use by top administration. Every

1. DLF Manufacturers has been offered an agreement by Dominate Ltd. to work for it five uncommon Visitor Houses for use by top administration. Every Visitor House will be an autonomous one. The agreement will be for a time of one year and the offer cost is '2 crore. What's more, Dominate Ltd. will likewise give 3 grounds of land, liberated from cost with the end goal of development. The Central Bookkeeper of DLF Manufacturers has arranged a gauge based on which he has prompted that the agreement ought not be acknowledged at the cost advertised. His gauge was as per the following:

(') in Lacs

Land (3 Grounds at ' 20 lakhs each) 40

Drawings and Design 8

Registration 30

Materials : Cement and Sand 6

Blocks and Tiles 3

Steel 20

Others (counting inside decoration) 10

Labour -Gifted 54

- Unskilled 6

- Manager's Salary 3

Overheads General 64

Depreciation 8

Complete Cost 420

The Bookkeeper likewise gives the accompanying data:

Land: The complete prerequisite of land is 2 grounds costing ' 10 lakhs for each ground. Dominate Ltd. will give 6 grounds liberated from cost.

Drawing and Plan: These have effectively been readied and 40% of the expense has effectively been brought about.

Materials:

(i) Cement and sand are as of now in stock and are in customary use. Whenever utilized for this agreement, they must be supplanted at an expense of ' 7 lacs.

(ii) Bricks and tiles address buys made a while before for an alternate agreement. They could be sold promptly for a net '4 lakhs subsequent to meeting every single further cost.

(iii) Others: Materials worth ' 3 lakhs identifying with inside adornment are available for which no elective use is normal soon. Anyway they can be sold for ' 2 lac.

Work:

(i) Skilled laborers will be moved to this undertaking from another venture. The Task Administrator asserted that if the men were gotten back to him, he might have procured the organization an extra ' 2 lakhs regarding benefits.

(ii) The director embraces different undertakings in the destinations and his compensation and progression of business won't be influenced by the new agreement. On the off chance that the agreement is taken, he will dedicate half of his time.

Overheads:

(i) The hardware that would be utilized on the agreement was gotten one year before for ' 60 lakhs and is required to keep going for a very long time. It can likewise be utilized on different agreements and the current substitution cost will be ' 62 lakhs and in a year's time it will be ' 30 lacs.

(ii) The general overheads incorporates both explicit and assimilated overheads. In the event that the agreement isn't embraced, ' 3 lakhs of the equivalent can be stayed away from.

DLF Developers has likewise close by another task, which would not be executed if the agreement from Dominate Ltd. were to be acknowledged. The assessed benefit on that task is ' 10 lacs.

2. Which of coming up next is identified with Receivables The board?

(a) Money Spending plan

(b)Economic Request Amount,

(c)Ageing plan

(d)All of the abovementioned.

3. EOQ is the amount that limits

(a)Total Requesting Cost

(b)Total Stock Expense,

(c)Total Interest Cost

(d)Safety Stock Level

4. ABC Investigation is utilized in

(a)Inventory The board

(b)Receivables Management(c)Accounting Arrangements,

(d)Corporate Administration.

5. In the event that no data is accessible, the Overall Standard for valuation of stock for balance

sheet is

(a)Replacement Cost

(b)Realizable Worth,

(c)Historical Cost

(d)Standard Cost

6. In ABC stock administration framework, class A things may require

(a)Higher Security Stock

(b)Frequent Conveyances

(c)Periodic Stock framework

(d)Updating of stock records.

7. Stock holding cost may incorporate

(a) Material Buy Cost

(b) Punishment charge for default,

(c) Interest borrowed,

(d)None of the abovementioned

8. Utilization of security stock by a firm would

(a)Increase Stock Expense

(b)Decrease Stock Expense,

(c)No impact on cost

(d)None of the abovementioned

9. Which of coming up next is valid for an organization which utilizes ceaseless audit stock

framework

(a)Order Span is fixed

(b)Order Span shifts,

(c) Request Amount is fixed

(d) Both (a) and (c)

10. EOQ decides the request size when

(a)Total Request cost is Least

(b)Total Number of request is least,

(c)Total stock expenses are least

(d) Nothing unless there are other options

In the light of data given above, you are needed to demonstrate with reasons whether the agreement from Dominate Ltd. ought to be acknowledged or not.

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