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Kolkata science out hundred boxes to buy of Delhi costing 200 is consignor expenses 4000 can sign in on selling expenses incurred till goods were reached to go down 900 rupees and selling expenses 500 rupees 1 by 10th of the boxes were lost in transit to third of the box is received by consignee was sold the amount of concern and inventory is will be?
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Kolkata science out hundred boxes to buy of Delhi costing 200 is consi...
Solution:
Given data:
- Number of boxes sent from Kolkata to Delhi = 100
- Cost of each box = 200
- Consignor expenses = 4000
- Selling expenses incurred till goods reached the godown = 900
- Selling expenses = 500
- 1/10th of the boxes were lost in transit
- 1/3rd of the received boxes were sold
Computation:
1. Cost of goods sent:
Number of boxes sent = 100
Cost of each box = 200
Total cost of goods sent = Number of boxes sent * Cost of each box
Total cost of goods sent = 100 * 200 = 20,000
2. Consignor expenses:
Consignor expenses = 4000
3. Total expenses:
Total expenses = Consignor expenses + Selling expenses incurred till goods reached the godown + Selling expenses
Total expenses = 4000 + 900 + 500 = 5400
4. Goods received by consignee:
Number of boxes lost in transit = 1/10 * 100 = 10
Number of boxes received by consignee = Number of boxes sent - Number of boxes lost in transit
Number of boxes received by consignee = 100 - 10 = 90
5. Goods sold by consignee:
Number of boxes received by consignee = 90
Number of boxes sold by consignee = 1/3 * 90 = 30
6. Amount of concern:
Amount of concern = Total expenses + Cost of goods sent
Amount of concern = 5400 + 20,000 = 25,400
7. Inventory:
Number of boxes received by consignee = 90
Number of boxes sold by consignee = 30
Number of boxes in inventory = Number of boxes received by consignee - Number of boxes sold by consignee
Number of boxes in inventory = 90 - 30 = 60
Value of inventory = Number of boxes in inventory * Cost of each box
Value of inventory = 60 * 200 = 12,000
Final Answer:
The amount of concern is 25,400 rupees and the value of the inventory is 12,000 rupees.
Given data:
- Number of boxes sent from Kolkata to Delhi = 100
- Cost of each box = 200
- Consignor expenses = 4000
- Selling expenses incurred till goods reached the godown = 900
- Selling expenses = 500
- 1/10th of the boxes were lost in transit
- 1/3rd of the received boxes were sold
Computation:
1. Cost of goods sent:
Number of boxes sent = 100
Cost of each box = 200
Total cost of goods sent = Number of boxes sent * Cost of each box
Total cost of goods sent = 100 * 200 = 20,000
2. Consignor expenses:
Consignor expenses = 4000
3. Total expenses:
Total expenses = Consignor expenses + Selling expenses incurred till goods reached the godown + Selling expenses
Total expenses = 4000 + 900 + 500 = 5400
4. Goods received by consignee:
Number of boxes lost in transit = 1/10 * 100 = 10
Number of boxes received by consignee = Number of boxes sent - Number of boxes lost in transit
Number of boxes received by consignee = 100 - 10 = 90
5. Goods sold by consignee:
Number of boxes received by consignee = 90
Number of boxes sold by consignee = 1/3 * 90 = 30
6. Amount of concern:
Amount of concern = Total expenses + Cost of goods sent
Amount of concern = 5400 + 20,000 = 25,400
7. Inventory:
Number of boxes received by consignee = 90
Number of boxes sold by consignee = 30
Number of boxes in inventory = Number of boxes received by consignee - Number of boxes sold by consignee
Number of boxes in inventory = 90 - 30 = 60
Value of inventory = Number of boxes in inventory * Cost of each box
Value of inventory = 60 * 200 = 12,000
Final Answer:
The amount of concern is 25,400 rupees and the value of the inventory is 12,000 rupees.
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Kolkata science out hundred boxes to buy of Delhi costing 200 is consignor expenses 4000 can sign in on selling expenses incurred till goods were reached to go down 900 rupees and selling expenses 500 rupees 1 by 10th of the boxes were lost in transit to third of the box is received by consignee was sold the amount of concern and inventory is will be?
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Kolkata science out hundred boxes to buy of Delhi costing 200 is consignor expenses 4000 can sign in on selling expenses incurred till goods were reached to go down 900 rupees and selling expenses 500 rupees 1 by 10th of the boxes were lost in transit to third of the box is received by consignee was sold the amount of concern and inventory is will be? 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 Kolkata science out hundred boxes to buy of Delhi costing 200 is consignor expenses 4000 can sign in on selling expenses incurred till goods were reached to go down 900 rupees and selling expenses 500 rupees 1 by 10th of the boxes were lost in transit to third of the box is received by consignee was sold the amount of concern and inventory is will be? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Kolkata science out hundred boxes to buy of Delhi costing 200 is consignor expenses 4000 can sign in on selling expenses incurred till goods were reached to go down 900 rupees and selling expenses 500 rupees 1 by 10th of the boxes were lost in transit to third of the box is received by consignee was sold the amount of concern and inventory is will be?.
Kolkata science out hundred boxes to buy of Delhi costing 200 is consignor expenses 4000 can sign in on selling expenses incurred till goods were reached to go down 900 rupees and selling expenses 500 rupees 1 by 10th of the boxes were lost in transit to third of the box is received by consignee was sold the amount of concern and inventory is will be? 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 Kolkata science out hundred boxes to buy of Delhi costing 200 is consignor expenses 4000 can sign in on selling expenses incurred till goods were reached to go down 900 rupees and selling expenses 500 rupees 1 by 10th of the boxes were lost in transit to third of the box is received by consignee was sold the amount of concern and inventory is will be? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Kolkata science out hundred boxes to buy of Delhi costing 200 is consignor expenses 4000 can sign in on selling expenses incurred till goods were reached to go down 900 rupees and selling expenses 500 rupees 1 by 10th of the boxes were lost in transit to third of the box is received by consignee was sold the amount of concern and inventory is will be?.
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