Management Accounting By Paresh Shah Oxford University Press Chapter No.

Chapter Name 16 Marginal Costing And CVP Analysis

Dear Student / Reader, To have on-hand experience, do exercises, by using following templates. Please fill the data in ORANGE colour cell, for following Illustrations. Illustration No. 2 3 4 6 7 8 9

The Answer will appear in BLUE colour. If your answer is right, a message will appear as "Answer is Right". Till you get the message on screen, go on exercising it, to achieve the required level of skill and competency

For any Query, contact at profpareshshah@yahoo.co.in profpareshshah@fenilinstitute.org

uired level of skill and competency.

Less:-

Income Statement (Under Absorption Costing) Rs. Sales Cost of Manufactured Goods :Variable Cost Fixed Factory Overheads 0 Opening Stock 0 Closing Stock Gross Profit Selling Cost :Fixed Cost Variable Cost Net Income

Rs.

Add:Less:Less:-

0 0

0 0

Income Statement (Under Marginal Costing) Rs. Sales Less:Add:Less:Add:Less:Variable Cost Opening Stock 0 Closing Stock 0 Variable Selling Cost Contribution Fixed Cost Factory Selling Net Income 0 0 Rs.

0 0

(i)

Marginal Cost Statement of Two Products (Rs. Per unit) Particulars Products Suchi Ruchi Selling Price Direct Material Direct Labour Variable Overhead Total Variable Cost 0 0 Contribution 0 0

(ii)

Evaluation options and identification of most profitable sales mix

Option I Units Rs. 0 0 0 0 Option II Units Rs. 0 0 0 0 Option III Units Rs. 0 0 0 0 Option IV Units

Pariculars Suchi Ruchi Total Contribution Less: Fixed Cost Profit

Option IV Rs. 0 0 0 0

(i) Profit for the Current Year A B Products Acres Under Cultivation Land (Acre) Sales Per Acre Variable Cost per Acre Contribution per acre 0 Total Contribution Less: Fixed Cost Profit

Total

0 0 0

(ii) Profitability Statement under revised allocation of land. Products A B C D No. of Acres Under Cultivation Contibution Per Acre 0 0 0 0 Total Contribution 0 0 0 0 Less: Fixed Cost Profit

Total

0 0

Period I Contribution Variable Cost Fixed Cost

Period II

Sales = Rs. Margin of Safety = Rs. Break Even Sales = Rs.

Amt. Rs. Actual Sales Break Even Sales Fixed Cost Profit At Actual Sales

Sales = Rs. P/V Ratio Margin of Safety Break Even Point Profit