Question
In case of semi variable costs, find out the fixed cost component Particulars 60% 80% Rs Rs Raw Materials 120000 160000 Direct wages 180000 240000
In case of semi variable costs, find out the fixed cost component
| Particulars | 60% | 80% |
| Rs | Rs | |
| Raw Materials | 120000 | 160000 |
| Direct wages | 180000 | 240000 |
| Interest on loan | 40000 | 40000 |
| Telephone Expenses | 30000 | 36000 |
| Depreciation | 25000 | 25000 |
| Factory Rent | 50000 | 50000 |
| Office Salaries | 480000 | 640000 |
| Overage Charges | 15000 | 18000 |
| Sales Commission | 12000 | 16000 |
| Delivery Expenses | 62000 | 66000 |
A. Giving proper working notes, identify the costs into Fixed Costs, Variable Costs and Semi variable costs. B. In case of semi variable costs, find out the fixed cost component.
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Information Technologies In Accounting And Auditing A Post-Soviet Approach
Authors: Sergiy Ivakhnenkov
1st Edition
3639285395, 978-3639285390
