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Following information is related to Amal and Company's raw materials A and B: Material Quantity needed for contract Quantity currently in inventory Original cost of quantity in inventory Current purchase price Current re-sale price A B 1000 kg 300 kg $ 12/kg $ 20/kg $ 12/kg 200 kg 200 kg $ 22 /kg $ 30/kg S 15/kg Material A is used regularly in the business. Material B is in stock as a result of excess purchases, and it is restricted in use. Material B could be used as a substitute for 500 units of Material Y which could be purchased at Rs. 10/= per unit. (As Material Y is not available as stock).

Following information is related to Amal and Company's raw materials A and B: Material Quantity needed for contract Quantity currently in inventory Original cost of quantity in inventory Current purchase price Current re-sale price A B 1000 kg 300 kg $ 12/kg $ 20/kg $ 12/kg 200 kg 200 kg $ 22 /kg $ 30/kg S 15/kg Material A is used regularly in the business. Material B is in stock as a result of excess purchases, and it is restricted in use. Material B could be used as a substitute for 500 units of Material Y which could be purchased at Rs. 10/= per unit. (As Material Y is not available as stock).

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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please give me an answer to these few short questions asap

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2. Following information is related to Amal and Company's raw materials A and B: Material Quantity needed for contract Quantity currently in inventory Original cost of quantity in inventory Current purchase price Current re-sale price A B 1000 kg 300 kg $ 12/kg $ 20/kg $ 12/kg 200 kg 200 kg $ 22 /kg $ 30/kg $ 15/kg Material A is used regularly in the business. Material B is in stock as a result of excess purchases, and it is restricted in use. Material B could be used as a substitute for 500 units of Material Y which could be purchased at Rs. 10/= per unit. (As Material Y is not available as stock). Find out the relevant cost of material A and B separately. 3. Following information is related to Liza and Company's labour: Number of workers 10 11 12 Products (units) Average selling price- USD 20 50.00 25 48 28 45 What is the marginal revenue per unit when one worker is added to a team of 12 workers? 4. List 2 assumptions in Weighted Average Cost of Capital 5. List four adverse effects of holding too low levels of inventories for any manufacturing business unit.
Transcribed Image Text:2. Following information is related to Amal and Company's raw materials A and B: Material Quantity needed for contract Quantity currently in inventory Original cost of quantity in inventory Current purchase price Current re-sale price A B 1000 kg 300 kg $ 12/kg $ 20/kg $ 12/kg 200 kg 200 kg $ 22 /kg $ 30/kg $ 15/kg Material A is used regularly in the business. Material B is in stock as a result of excess purchases, and it is restricted in use. Material B could be used as a substitute for 500 units of Material Y which could be purchased at Rs. 10/= per unit. (As Material Y is not available as stock). Find out the relevant cost of material A and B separately. 3. Following information is related to Liza and Company's labour: Number of workers 10 11 12 Products (units) Average selling price- USD 20 50.00 25 48 28 45 What is the marginal revenue per unit when one worker is added to a team of 12 workers? 4. List 2 assumptions in Weighted Average Cost of Capital 5. List four adverse effects of holding too low levels of inventories for any manufacturing business unit.
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