Cost-VOLUME-PROFIT-Analysis A company produces three products A, B and C. The variable cost incurred by the company
for these products are:
Products
Variable cost
A
B
Rs. 252,000
Rs. 72,000
Rs. 24,000
С
The Company produced and sold of Rs. 600,000 for the period.
The fixed cost for the period will be Rs. 168,000.
Required: (a) Break - even sales volume in Rs. (b) Profit at sales volume by using profit
volume ratio. (c) Required sales for earning a profit of Rs. 126,000.
[T. U. 2060]
Ans: a. Rs. 400,000; b. Rs. 84,000; c. Rs. 700,000

Grace period is a period of time before the credit card company starts charging late fees.truefalse

The beach dude (bd) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). this case describes bd's sales and collection process. each bd salesperson works with a specific group of customers throughout the year. in fact, they often surf with their customers to try out the latest surf gear. the bd salespeople act laid-back, but they work hard for their sales. each sale often involves hours of surfing with their customers while the customers sample all the latest surf wear. because bd makes the best surfing products, the customers look forward to the visits from the bd salespeople. and they often buy a lot of gear. each sale is identified by a unique invoice number and usually involves many different products. customers pay for each sale in full within 30 days, but they can combine payments for multiple sales. bd manages its clothing inventory by item (e.g., xl bd surfer logo t-shirts), identified by product number, but it also classifies the items by clothing line (the lines are differentiated by price points as well as the intended use of the clothing, e.g., surfing products, casual wear, . draw a uml class diagram that describes the beach dudes sales and collection process.b. using microsoft access, implement a relational database from your uml class diagram. identify at least three fields per table.c. describe how you would use the relational database to determine the beach dude’s accounts receivable.

Torino company has 1,300 shares of $50 par value, 6.0% cumulative and nonparticipating preferred stock and 13,000 shares of $10 par value common stock outstanding. the company paid total cash dividends of $3,500 in its first year of operation. the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is: