Blogs on Assignments, Essays and Dissertations

Blog Articles on Different Assignment Topics

Questions on Explicit Implicit Cost, Game Theory, and Stagflation

QUESTION 1 a. In a business, provide two examples of explicit cost and two examples of implicit cost. Explain how these costs affect accounting and economic profit. 2 Marks b. With relevant assumptions, use a numerical example to explain the significance of diminishing marginal returns to a firm. 3 Marks QUESTION 2  Do you agree with the following comment, “Firms are to continue production despite […]

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Accounting 512 Assignment Answers South Africa

QUESTION ONE (30 MARKS) The following information was taken from the books of Nhlakanipho & Shaun: Balances in the general ledger of Nhlakanipho & Shaun at the financial year end – 31 March 2019 Account Debit (R) Credit (R) Capital: Nhlakanipho (1 April 2016)   95 000.00 Capital: Shaun (1 April 2016)   80 000.00 Current: Nhlakanipho (1 April 2016) 19 000.00   Current: Shaun […]

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Bryan formed ECO Sdn Bhd on 1 January 2018 – Malaysia

Following is the independent situation of the taxpayers in Malaysia in 2021: Bryan formed ECO Sdn Bhd on 1 January 2018 with paid up Ordinary Share Capital of RM2,230,000. The company recorded a statutory income of RM617,800 and rental income of RM45,260. Belina and five other shareholders commenced a business named Graphics Sdn Bhd since 2019. In year 2021, the company has a gross income […]

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Income Statement under Marginal Costing and Absorption Costing

The following data has been extracted from the operating records of HPPT Solution Sdn Bhd for the last two quarters of the year to 31 December 2020: Quarter 3 Production units 7,000 Sales units 5,500 RM Selling price per unit 100 Variable manufacturing cost per unit: Direct material cost 20 Direct labor cost 15 Variable overheads 10 Fixed production overheads are budgeted at RM120,000 for […]

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