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Old Thursday, December 15, 2016
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Default Solution 7(a) paper 1 2016

Q.7 (a) Audit & Accountancy (Paper1.CSS 206) Solution
First Step is to find Contribution for each product
Formula =P/V ratio= Contribution / Sales
= (Sales Variable cost)/Sales

(Rs.000)
Oxygen=> 50% = (1250-x)/1250
X= 625
Nitrogen=> 40 %=( 2000-x)/2000
X= 1200
Accetlyne=> 30 %=( 3000-x)/3000
X= 2100
Second step is Cumulative PV ratio
Formula is Combined Contribution/Combined sales*100
Combined Contribution= (625+800+900)
Combined Sales= (1250+2000+3000)
Cumulative PV Ratio= 2325/6250*100=37.2%
To find out Profit/loss of the budgeted results
PV ratio=Fixed + (profit/loss)/sales
37.2%=2511+x/6250
X= (186) loss
Second half of question is to eliminate loss implying break even
Break-even Sales = Sales * P/V ratio= Fixed cost
X*37.2%=2511
X=6750
Sales value of each product according to the sales mix
Oxygen=6750*20% =1350
Nitrogen=6750*32% =2160
Acetylene=6750*48% =3240
I hope all my effort paid off.
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Old Saturday, January 07, 2017
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Default Accounts & auditing

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Audit & Acccounting
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Old Saturday, January 07, 2017
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from which book you covered this topic?

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Old Sunday, January 08, 2017
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Your first part is right but second part goes like this:






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Old Sunday, January 08, 2017
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Sorry for duplication..

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Old Sunday, January 08, 2017
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He has asked about total sales value.you have worked out the increase in sales value.revisit it
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Old Sunday, January 08, 2017
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Please u revisit it again.

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Old Monday, January 09, 2017
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aviod netspeak.refrain from using u again
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