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Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold at invoice price which represents 165 % of cost. Radha is entitled to a commission of 30% on sales at invoice price & 65 % of any excess realuzed over invoice price. The expenses on freight & insurance incurred by Manvi were ? 128201. The account sales received by Manvi shows that Radha has affected sales amounting to ? 634740 in respect of 65 % of the consignment. His selling expenses to be reimbursed were ? 129487. 19% of consignment goods of the value of the 198991 were destroyed in fire at the Ghaziabad godown & the insurance company paid ? 40905 net of salvage. Radha remitted the balance in favour of Manvi. Prepare consignment account & the account of Radha in the books of Manvi along with the necessary calculations?
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Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold ...
Let the cost of goods be x.

Invoice price = 165% of cost = 1.65x

Radha's commission = 30% of sales at invoice price = 0.3 * 1.65x = 0.495x

Manvi will receive = Sales at invoice price - Radha's commission
= 1.65x - 0.495x
= 1.155x

Therefore, Manvi will receive 1.155 times the cost of goods.
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Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold at invoice price which represents 165 % of cost. Radha is entitled to a commission of 30% on sales at invoice price & 65 % of any excess realuzed over invoice price. The expenses on freight & insurance incurred by Manvi were ? 128201. The account sales received by Manvi shows that Radha has affected sales amounting to ? 634740 in respect of 65 % of the consignment. His selling expenses to be reimbursed were ? 129487. 19% of consignment goods of the value of the 198991 were destroyed in fire at the Ghaziabad godown & the insurance company paid ? 40905 net of salvage. Radha remitted the balance in favour of Manvi. Prepare consignment account & the account of Radha in the books of Manvi along with the necessary calculations?
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Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold at invoice price which represents 165 % of cost. Radha is entitled to a commission of 30% on sales at invoice price & 65 % of any excess realuzed over invoice price. The expenses on freight & insurance incurred by Manvi were ? 128201. The account sales received by Manvi shows that Radha has affected sales amounting to ? 634740 in respect of 65 % of the consignment. His selling expenses to be reimbursed were ? 129487. 19% of consignment goods of the value of the 198991 were destroyed in fire at the Ghaziabad godown & the insurance company paid ? 40905 net of salvage. Radha remitted the balance in favour of Manvi. Prepare consignment account & the account of Radha in the books of Manvi along with the necessary calculations? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold at invoice price which represents 165 % of cost. Radha is entitled to a commission of 30% on sales at invoice price & 65 % of any excess realuzed over invoice price. The expenses on freight & insurance incurred by Manvi were ? 128201. The account sales received by Manvi shows that Radha has affected sales amounting to ? 634740 in respect of 65 % of the consignment. His selling expenses to be reimbursed were ? 129487. 19% of consignment goods of the value of the 198991 were destroyed in fire at the Ghaziabad godown & the insurance company paid ? 40905 net of salvage. Radha remitted the balance in favour of Manvi. Prepare consignment account & the account of Radha in the books of Manvi along with the necessary calculations? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold at invoice price which represents 165 % of cost. Radha is entitled to a commission of 30% on sales at invoice price & 65 % of any excess realuzed over invoice price. The expenses on freight & insurance incurred by Manvi were ? 128201. The account sales received by Manvi shows that Radha has affected sales amounting to ? 634740 in respect of 65 % of the consignment. His selling expenses to be reimbursed were ? 129487. 19% of consignment goods of the value of the 198991 were destroyed in fire at the Ghaziabad godown & the insurance company paid ? 40905 net of salvage. Radha remitted the balance in favour of Manvi. Prepare consignment account & the account of Radha in the books of Manvi along with the necessary calculations?.
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Here you can find the meaning of Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold at invoice price which represents 165 % of cost. Radha is entitled to a commission of 30% on sales at invoice price & 65 % of any excess realuzed over invoice price. The expenses on freight & insurance incurred by Manvi were ? 128201. The account sales received by Manvi shows that Radha has affected sales amounting to ? 634740 in respect of 65 % of the consignment. His selling expenses to be reimbursed were ? 129487. 19% of consignment goods of the value of the 198991 were destroyed in fire at the Ghaziabad godown & the insurance company paid ? 40905 net of salvage. Radha remitted the balance in favour of Manvi. Prepare consignment account & the account of Radha in the books of Manvi along with the necessary calculations? defined & explained in the simplest way possible. Besides giving the explanation of Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold at invoice price which represents 165 % of cost. Radha is entitled to a commission of 30% on sales at invoice price & 65 % of any excess realuzed over invoice price. The expenses on freight & insurance incurred by Manvi were ? 128201. The account sales received by Manvi shows that Radha has affected sales amounting to ? 634740 in respect of 65 % of the consignment. His selling expenses to be reimbursed were ? 129487. 19% of consignment goods of the value of the 198991 were destroyed in fire at the Ghaziabad godown & the insurance company paid ? 40905 net of salvage. Radha remitted the balance in favour of Manvi. Prepare consignment account & the account of Radha in the books of Manvi along with the necessary calculations?, a detailed solution for Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold at invoice price which represents 165 % of cost. Radha is entitled to a commission of 30% on sales at invoice price & 65 % of any excess realuzed over invoice price. The expenses on freight & insurance incurred by Manvi were ? 128201. The account sales received by Manvi shows that Radha has affected sales amounting to ? 634740 in respect of 65 % of the consignment. His selling expenses to be reimbursed were ? 129487. 19% of consignment goods of the value of the 198991 were destroyed in fire at the Ghaziabad godown & the insurance company paid ? 40905 net of salvage. Radha remitted the balance in favour of Manvi. Prepare consignment account & the account of Radha in the books of Manvi along with the necessary calculations? has been provided alongside types of Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold at invoice price which represents 165 % of cost. Radha is entitled to a commission of 30% on sales at invoice price & 65 % of any excess realuzed over invoice price. The expenses on freight & insurance incurred by Manvi were ? 128201. The account sales received by Manvi shows that Radha has affected sales amounting to ? 634740 in respect of 65 % of the consignment. His selling expenses to be reimbursed were ? 129487. 19% of consignment goods of the value of the 198991 were destroyed in fire at the Ghaziabad godown & the insurance company paid ? 40905 net of salvage. Radha remitted the balance in favour of Manvi. Prepare consignment account & the account of Radha in the books of Manvi along with the necessary calculations? theory, EduRev gives you an ample number of questions to practice Manvi of Mayur Vihar consigned to Radha of Ghaziabad goods to be sold at invoice price which represents 165 % of cost. Radha is entitled to a commission of 30% on sales at invoice price & 65 % of any excess realuzed over invoice price. The expenses on freight & insurance incurred by Manvi were ? 128201. The account sales received by Manvi shows that Radha has affected sales amounting to ? 634740 in respect of 65 % of the consignment. His selling expenses to be reimbursed were ? 129487. 19% of consignment goods of the value of the 198991 were destroyed in fire at the Ghaziabad godown & the insurance company paid ? 40905 net of salvage. Radha remitted the balance in favour of Manvi. Prepare consignment account & the account of Radha in the books of Manvi along with the necessary calculations? tests, examples and also practice CA Foundation tests.
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