ACCOUNTING DILEMMA

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  • rram
    Full Member
    • Aug 2011
    • 37

    #1

    [Question] ACCOUNTING DILEMMA

    hi EVERYBODY!!! please feel free to explain the following topics to your best ability for me:

    BREAK EVEN POINT/FORMULA:

    3REASONS FOR THE DECREASE IN DIRECT MATERIAL COST PER UNIT WITH INCREASE IN PRICE OF RAW MATERIAL FROM SUPPLIER:

    3 MEASURES TO TAKE ON DISCOVERY OF MISSING RAW MATERIALS IN THE BUSINESS:

    2 REASONS FOR PREPARING THE DEBTORS COLLECTION SCHEDULE:

    2 MEASURES TO IMPLEMENT TO GET DEBTORS TO PAY ON TIME:


    YOUR ASSISTANCE WILL BE HIGHLY APPRECIATED ON ATLEAST ANYONE OF THESE TOPICS!!
    THANK YOU
  • geraldenek
    Silver Member

    • Jul 2008
    • 229

    #2
    are you doing a man acc assignment?
    Geraldene Kapp
    Professional Tax Help
    www.mytaxhelp.co.za

    Comment

    • rram
      Full Member
      • Aug 2011
      • 37

      #3
      i didnt quite get that !!!

      Comment

      • geraldenek
        Silver Member

        • Jul 2008
        • 229

        #4
        management accounting - if not for which subject?
        Geraldene Kapp
        Professional Tax Help
        www.mytaxhelp.co.za

        Comment

        • rram
          Full Member
          • Aug 2011
          • 37

          #5
          management accounting!!! i think thats about right!! im just a kid at this!!! please help

          Comment

          • geraldenek
            Silver Member

            • Jul 2008
            • 229

            #6
            1. break even point:

            Revenue(USP) - variable cost (UVC) - fixed cost = break even

            USP = unit selling price x quanity
            UVC = unit variable cost x quantity
            Geraldene Kapp
            Professional Tax Help
            www.mytaxhelp.co.za

            Comment

            • geraldenek
              Silver Member

              • Jul 2008
              • 229

              #7
              Reasons for the decraese in direct material cost per unit with increase in price of raw material from supplier

              Inward delivery charges (freight)
              custom duties
              Geraldene Kapp
              Professional Tax Help
              www.mytaxhelp.co.za

              Comment

              • rram
                Full Member
                • Aug 2011
                • 37

                #8
                ps:i need one more reason! please!!
                by the way you are a blessing from GOD to me!! thank you so much
                Last edited by rram; 29-Aug-11, 09:19 PM. Reason: correction

                Comment

                • geraldenek
                  Silver Member

                  • Jul 2008
                  • 229

                  #9
                  Originally posted by rram
                  :

                  2 REASONS FOR PREPARING THE DEBTORS COLLECTION SCHEDULE:
                  A Debtors Collection Schedule is drawn up to determine the expected collections from debtors when goods have been sold on credit
                  Geraldene Kapp
                  Professional Tax Help
                  www.mytaxhelp.co.za

                  Comment

                  • rram
                    Full Member
                    • Aug 2011
                    • 37

                    #10
                    thank you so so so so so so so so so so SO much!!!!!

                    Comment

                    • geraldenek
                      Silver Member

                      • Jul 2008
                      • 229

                      #11
                      Originally posted by rram

                      2 MEASURES TO IMPLEMENT TO GET DEBTORS TO PAY ON TIME:
                      Discounts for prompt payment
                      Geraldene Kapp
                      Professional Tax Help
                      www.mytaxhelp.co.za

                      Comment

                      • geraldenek
                        Silver Member

                        • Jul 2008
                        • 229

                        #12
                        as for the ones left out you should google that - sure you will get the answers there
                        Geraldene Kapp
                        Professional Tax Help
                        www.mytaxhelp.co.za

                        Comment

                        • rram
                          Full Member
                          • Aug 2011
                          • 37

                          #13
                          thank you for all your help!!! ill just try repost this to see if others know!!!! if they dont, then ill google it

                          Comment

                          • geraldenek
                            Silver Member

                            • Jul 2008
                            • 229

                            #14
                            you should actually be doing your assignments yourself that is why they are there - to give you a better understanding

                            If you don't do them yourself you will see you have lots of work to catch up on
                            Geraldene Kapp
                            Professional Tax Help
                            www.mytaxhelp.co.za

                            Comment

                            • rram
                              Full Member
                              • Aug 2011
                              • 37

                              #15
                              thanks!! but this is a research project!! not something wer actually doing

                              Comment

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