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Unit costing is a costing method applicable when homogeneous articles (items that are identical or very similar) are produced on a large scale. This method calculates the cost per unit of production by dividing the total cost of production by the total number of units produced. It is commonly used in industries where mass production of standardized products occurs.
Ashish started a business by investing Rs. 2800. Few months later; Ramesh joined him by investing Rs. 3200 such that at the end of the year, the profit ...
A and B entered into a business investing Rs. (x + 60) and Rs. (x – 55) respectively. After one year they invested Rs. 120 more and Rs. 150 more respe...
A and B invest ₹42,000 and ₹36,000 respectively, in a business. At the end of the year, they make a profit of ₹87,220. Find B's share in the profit.
"Anuj and Bishnu initiated a Construction business with Anuj investing Rs. 30,000 and Bishnu investing _________ a certain amount of money. They hired...
John and David began a business investing Rs. 50,000 and Rs. 40,000 respectively. Six months later, Emma joined with Rs. 30,000. If the yearly profit wa...
A and B started a business by investing Rs.450 and Rs.550 respectively. After 8 months, A increased his investment by Rs.850. Find the ratio of annual p...
‘A’ and ‘B’ started a business by investing Rs. (x + 200) and Rs. (x – 800) for 8 months and 7 months, respectively. If the profit share of �...
A and B together started a business with initial investment in the ratio of 1:2, respectively. The time-period of investment for A and B is in th...