Question
Contract Accounts takes and captures which among the
following costs?Solution
If the contract used some of the indirect expenses that are incurred not specifically for the contract, then on the basis of the consumption of these expenses, the indirect costs will be absorbed into the contract. Example the rent paid for the store house is 5000 units and for the contract, the contractor kept 2000 units in the store, then (2000/5000) = 40% of the rent will be absorbed on the contract.
A trader purchased 132 dozens of mangoes at Rs.475 per dozen and could sell only 125 dozens at Rs.530 per dozen. What is the value of stock of mangoes i...
`2/5` ___ 15 ___ 115___ 20 ___ 4 = 581
If '+' means '-', '-' means '+', '×' means '÷', and '÷' means '×', then the value of 42 – 12 × 3 + 8 ÷ 2 + ...
Rani and Kavi undertake to do a work together for Rs. 600. Rani alone can do it in 15 days and Kavi alone in 20 days. But with the assistance of Rita th...
906 ___ 6 ___ `sqrt1225` ___ 500 ___ 850 = 4,935
A box contains 6 blue shirts, 7 yellow shirts and 9 pink shirts. In how many ways can 4 shirts be drawn from the box, if at least one blue shirt, one ye...
3,000 ___ 15 ___ 4 ___ (20)² ___ 20 = 32,200
In a division sum, the divisor 'd' is 10 times the quotient 'q' and 5 times the remainder 'r'. If r = 46, the dividend will be
69,012 ___ 20,167 ___ 51,246 ___ 6 ___ 50,000 = 7,386
