Question
Neha and Priya are assigned a piece of work. Neha can
complete 8 units of work each day, while Priya can finish the whole task alone in 32 days. If the total work is 160 units, how many days will they need to complete the task together?Solution
ATQ,
Let, the time taken by Neha and Priya to do the work be ‘x’ days.
Units of work done by Priya in a day = 160/32 = 5 units
So, 160/x = 8 + 5 = 13
160 = 13x
x = 160/13
The process of accounting for cost which begins with the recording of income and expenditure or the bases on which they are calculated and ends with the...
Which of the following correctly describes the scope of cost accounting?
In costing, which of the following standards are also known as the past performance standards?
The category of costing which is applicable to work carried out or products produced by specific orders as against continuous production, is known as __...
Which among the following profitability level is the profit from which the fixed costs are to be recovered first to arrive at the profit?
If cost of equity is 15% with weight 1/3 and cost of debt is 10% with weight 2/3, calculate weighted average cost of capital. Rate of tax is 32%?
 RST Ltd’s has the following information
Sales = 300000
Cost of Goods Sold = Rs 140000
Pre-Interest Operating Expenses =...
Management accounting can assist the management by provision of relevant information for __________
Depreciation would be classified as:
The application of the principles of accounting and financial management to create, protect, preserve and increase value for stakeholders is known as __...