Answer to Question #125405 in Accounting for nevin

Question

. Rate per hour = Rs.1.50 per hour Time allowed for job = 20 hours. Time taken = 15 hours

The total earnings of the worker under the Halsey Plan _____26.25 b. 30.00 c. 22.50 d. 26.52

b. Calculate Stock Turnover Ratio: Annual sales = Rs. 2,00,000 Gross Profit = 20% on cost of

Goods Sold. Opening stock = Rs. 38,500 Closing stock = Rs. 41,500.

a) 4.00 b) 4.50 c) 4.17 d) none

c. XYZ Co. Ltd. is having 400 workers at the beginning of the year and 500 workers at the end

of the year. During the year 20 workers were discharged and 15 workers left the company. The

Labour Turnover under ‘separation method’ is___A.22.20% B. 7.78% C. 4.00% D. 14.40%

d. A company maintains a margin of safety of 25% on its current sales and earns a profit of 30

lakhs per annum. If the company has a p/v ratio of 40%, its current sales amount to

A) 200 lakhs B) 300 lakhs C) 325 lakhs D). None of the above.

Answer 1

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