Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

q1 A producer has shown a measure of ' 19,310 in his books as 'Foundation' which truly incorporate the accompanying costs: Interest on debentures 1,200

q1 A producer has shown a measure of ' 19,310 in his books as 'Foundation' which truly

incorporate the accompanying costs:

Interest on debentures 1,200

Specialists' bonus 6,750

Stockroom compensation 1,800

Stockroom fixes 1,500

Lighting of office 70

Office pay rates 1,130

Chief's compensation 1,400

Voyaging costs of sales reps 1,760

Lease, rates and protection of stockroom 310

Lease, rates and protection of office 230

Lighting of stockroom 270

Printing and writing material 1,500

Exchange magazines 70

Gifts 150

Bank charges 100

Money markdown permitted 770

Terrible obligations 300

From the above data set up an assertion appearing in discrete aggregate:

(a) Selling costs, (c) Organization costs.

(b) Conveyance costs, (d) Costs which you would bar from costs.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Accounting questions