_(051.AND_ManaGeMenT AccounTIN. stm tate vecaine AL. 3 142 Picea eld gabe and_ “coche __cosk 3 ' stondard Costin -§ Vania anal ysis: | Definition _,—si Siticanee.and —_applircation of ___ “| shand ovd Co. Voriance —_ornalys doxe _nabeadal , laloaur ales ond Overheads. pektntion money >! escalation clause, national, profit _ veecsterstd 1 profil an A Noss ateourt, | Preparction of —Cantracl_—accovad— ee R ing © jecnent 34 3.2. | Sob 6 : Inhaductioc® 4 meaning we “Types of Paodus tion” ctivity suitable cow job casting “Pscertainment of cast (Problems) Cash Flow _stodemeot: |» Objectives of _| | Pat pardtion of Stalteeect —_Shacing Change ia 5.09 Capital, | Working 3|Probleas on Paeporation of Funds Flow stakement Th , 5 —§ _benefils of Cash Flow, |Tmporkenie of “ (ash Flow statement to tre lusen af financial statement Prablems an —_qreparation of lash Fla Stale @ scanned with OKEN Scanner| d P leas | | //f Bgl Pgs eee S : bow pi ‘ cae a) . B Fr | F | | \ @ scanned with OKEN Scanner1 Cookie Costin Ende | (op ' Spoiib (corhadl Catia re is. a type oft ates Pop 9 whichS @ cantrach —consiiuke.a sho pf tosh pl sdath—ncal yo | rok ceslitied , Work untextified ; Contra) Price 7 elyt . awh gece — —~ Se roll al Jncomplele_ ees deterninating | al pol fit taken bo _prokt —¢. Lats. Ale if ane value of work certified is less thao ae — jut” oF the _contracl__price+ oll putt ork, tunsidtrt d— Gla reserves a —_—_ athe value of waar _centibrec wr tren, “Jal gles wb ante to bt odte- Pat ; i NG wet Cosh rected oft} . 2 3 york Certiied I tah Vetted -u-€ opopn@ Wi) Work Centitied is 3 300900 @ scanned with OKEN ScannerL) conbvach . price = Fsdpoonte: Fy | | Wock ceed =-Lagpoo——_~ “Tha Work certitied — iu lest_thea 47, plone pe ee =— Due to that — -all_protit goes Poe work tered = 2200900 Balt so) WB esee- .2t\p0aag 3 ‘Zpecoa— P—_. ~ Soak Biooda 3 T 2ECEL LT Profit = Foe 667 reel Resend: 213535 fi) Work Certified = = 300000 garft = 2 3 24loo00 4p 09 0 \ 300000 = SxP0000 Prod =FS3%o%45 Reser = = 407 @ scanned with OKEN Scannerae j sck_teibied == F000 re wrwitss onsio om oo rk coxtified is lets than a of canhiack pric onakid it all —_hranghe fo _ysewvas iF sa & yx _$40009 _y J,00900 pe 200900 iy Ae - 2 160 000 i; + 3 P eres , Profil = 1 atl aT fal ee Crstihed = F400000 | Rey Vv ¢ =2Q3s ao pohitd il 320000 000 ; 400000 ese légooo0 3 Profit = 75 3,39 Reyene = SHG OUL 66 CT (fff ttt ty @ scanned with OKEN ScannerConbract A Ale (Forma) | Poa oS ax xc } {To Tatvial + Xe ork _certibieal_ S To Labour | xxx | By Work _Untertifid Pte Plank ak sik ot, dock 18, Closing Va To_Ail Type_of Exp _xxx_| plact | | Plant Retuvneot [By Tat. Rehurrred To Poh} - 2 6667 | By losing Rod Mah To_ Reserve = 73339 | 190,000 |_sonnoo! The following ii 4 inform atio pncening connect _duving the ve 202%: bb fasheack™. ii 4 sopen Ye baie Conhagehag a_tallege Matndal sent to sie is % 85 344 gio Enag age oti 13g —_—____ Plact install “at a site € at cot F 16000 eal i F361 I Establishment ch WF 42g | Matedal Return to stoes F 6544 Werk Certified 195000 | Vel n__3v* Me fost of work nob yek cechhied Z4uSoo Maleial at sie on 31% Maro 9020 F1ge3 Dutshonding Wages Cuuge accrued) an 31'* Merch 2072 Bye Di f dingo ai" © E Pupose Coobrack _accouct N @ scanned with OKEN Scanner~ DULL . a “yaltrial By Work Coritied la 4spo0 ; fe ae ——} 14375) By Work Untertitel | 2 } 7 Areal_-al_sift SPO }G4 Closing Yaluc Plant, ne Dued Exp — TL) By Mak. Return tip Est —tharge————— en dstanding—lWag¢-— qo od Exp Jo Prati! 191800) “lay Rae 10815} 26915, — i —— — ; — ko 180000 , 9321S 1S 3 CE ane on 2bOACe 2669499 ] 3 | pohy = hin400 | ; ing_# | Th pocrticulore —o< lating 4a — — contract ona Apzl 9002 —ltonkacl__price _£ $94,900 Machi = _ 30000 ——|Maknial = 170600 —Neges F_ 148150 Dike fypenser £6,280 { lu sta es_ 28,38 i —Owrheads Fpoue I ~~ UneerbFied .rarks © 4 | Malerialr _getuvned $16.00 lade! on hanel ait" ~—\ledke Maching ay M 09 hand 3)" Moreh 2018 2 22P00_, @ scanned with OKEN Scanner| alae of_saok cach #29000 ———__> “I Cash » sepeived & 351,000_ _| Prepare — _contract_atcouot— res toa 28 ~ | shaaing tse acnauot —o F__psofit Qe “Is ; i Thebes? de dhe tiedit of pa dats =i othe year. Also shows amount ak tee igs | A it laa would appear _in__H_B, ia ht pf the pone Parte = T “To_Machinesy 50000. —lork —CextiPied _|sonp To_Makwial” 1719600 BY Work Deceritied | gy” To__Wage aezisol 84 Casing valu i To Din Exp [6930 an MaPhineny | al To Out. Wages 5,380, By Makedal RA | ye To Overhewds g 408 Closing Tlattaial x0 Ta Profit _au200 ‘ a To Relewve 92800 S700 = teams Pr Profit = QslOOO , 57000 = 34.0090 2S 0:4 x5100'0 fF a @ scanned with OKEN Scanner, miwtess Page Wry vyouva SE ee oil © 200000 — Cash _neceived R01. 7 ad__frice¥ 100000 of wn ark _(extitied 4 ke cerf. FE D00p90 pa dF cognge ped me jock confi jy les) thao tla of conkact prite—_ li ie ae ! ss “L. “perk = 299000 =I66 i Te ™ ul Pobit = 1 y 320000 200000 | 1400060 21 i F533. _| Reser = 200000 - 53554 = F\UG CET 4 nef 2 2 » 45 pd 206 0- —_____——~_ ~~ a ay ~ =2106,661 ’ ~ [Reserve = 200000 = 106,667 ih ; =E93,33 ih =F @ scanned with OKEN ScannerChapt 2. Standard Costing = Se Varian. ~ ~~ | Bdge | . | Variance —Analysis= T+ is — a_difftoente bens ~ + _| standard __¢e b 4 _actual_cost. a | : There at 9 types_of variance ~ ey Adverse Newiante 1 I~ difftetace io ae 1s_more__thon a standard Conti Called ede yawice Te is lente as {Ay Favourable Vaviance + __difleretace inp tost_is lect thoa _shandoxd cot is Called foveuroble_Variante Th is _denaked 0 (gy. ~-——1)Dincet_Molerial Cost Nawiaesee — ~ arth] sax sp = ax apl ~— + S@-=—Steodord quantity —_A@- Actual Quant, | SP_- Stondord Price AP = Aachual Pri ai \ ~—Fetfeea the tollosaiing data. alta att _maledial : ~ Cost Vavien ce ot ~ A fume Co, : : ~—|-tendeed Quantity an Sig en ma ae , Sanda y ee , a Price — Pinca, OF Surymicg ES —fretud__produet “pl _tebki topo ~ | Sunmical ache, used 4300. a = 4 Pehual.priceol__Sunmmica pyar sq.ft S250 @ scanned with OKEN ScannerkK ~__maltvial cost variance. __ jance = SQXSP_- AQ KAP 4 et ne Cloooxa\s = stannksso Vex = 4900x 5 = 4300xS-S0 I — pisoe— 23650_ ( — - (a a = 9ps@ - SPAQ _vsage Ver ance oe =1 52 000, 5x 4300 4) iE pee Fo 4 S00 Vesth the Variance a L Mev: MPv + Muv 265 0(N= olsolHe 1500(A) 3650(s) = 3650 (a) q ering Gecnici paovide the flloesieg information ~ fase? eine rt cored : of 10 ta, A 56 8 u ah During Bp 2692. 1090_Ikgs of _GEMCO_soe paducy The —Acheal Cansumpli ial i pt under. oOo @ scanned with OKEN Scanneres rr r—sSs | Met | Oy ——_|___ftake_/- eg ta | ss oamin wal | st |B Stun | eS Caledale___Vavience,__ —. | Cost Voxian nce = SQ XSP_ = AQxAP aden Pe : Senda a A} $60 A= 800 x ¢ -750x7 > B= Gooxd, = Sod = 1660 = 2g 0d 7 of) A = 1S OWE = 180 ¥ 7 L = rise (ml : + 8. = 500¥4 - S00x5 + +2000 _~ 2500 = Usage Variance = SPS - SPAQ bs A= 400 - 6150 ; Bevel B= uy 4oo - 4 xso00 @ scanned with OKEN Scanner4 (eel fy nc sy (oa) —= ni Gale be ag ea el 0 — “aha a i rors the —Casta—girtn below calealak, oe piol —Cotl_vawidinge -SEeeers 4 * age _ Price Voriance. mY prabicl —USege —Verernee ee B (050 unit 1500 units 2100 units “Maktrial Cott _Vasiance = $x SP = AQ xAP ir pas x = 1050%9 = 1100%9.25 ¥q = 9100 = 2475 ; | = 3715 (A) XY = 1900 x 3.25 -1400x3.s0 x, = 4875 - 4400 = 95 (A) 00 s = 7 | = 1350 - 1500 =_150(A) — Mater i i =_AQSP = Fa = 11002 = 400x225 _ pee = 9900 = 2475 4 = 2.75 (A) mt ee. eee DTT = 1u00X 3.50 ei = sso ~ 4960 SN ie = 350 (A) bh ae @ scanned with OKEN Scanner—__2_= 2000x350 = “Makeial Usege—Vaniance = SPS@_= SPQ : Xs 2% 10S0_=2%1199 > = 2100 = 9900 z ag = 400A) es a fe YY \ =o. ™ be -ASXIS 0.0 = B.955 jy - =_4815 - 4550 —~ E =__325(F) | = 3-50 9100 - 3.$0 X2005 t >_1850 - 7000 ~ 2, = 350 (F) ~ CE MeV = MPV + MuV be QO = Nos -s75 $0 = Ss0 pone trade on 4*Jeo ha. Lonly one _Conhrack __of- i iin [ pleat a sean ¢ want £4,000 wee lot io an _acCidenl. On ai Dec. 200.6 plant —tahich — ost _F 5000__w0s__sehumed __fo_ the __store the!" | ck work done but nat vertfied wai £20004 aber ol costing F4O02 west —in hand onsite Coe depreciation Ody. on _plont - @ scanned with OKEN Scanner|e Mawes s Pane 13 vouvs (on rorkeacl Accounting — § Blane 3 heh ai poe oS l- ‘pelane 001" Detembex 28 a | 000 | “Copils Jat os a P| 16,000 aay recive 07 onbract (P01. of | | op bo00 oS fe ‘esti : | f, 443,000 _.| ‘tood {Bull ing, | 25000 8 | I ed ~p—terhned ato e i trials Ss : Tat |_25000 | 440 p60 a Ponti cuba = Particulars Ly ixemae ev its SS = ~ Plant] 25000] By works Certified (25000 —~Te_Maleial =| 000 By Wott = lb Mages 1140000, 6 etal test ~fRBSptos | eh Regd (808 : ma) Buy Mokvial fleiy L000 + BY) elont ab sik | 1as00 | To Pookit MWa67 E Ta Reserve 19037 | 21500 ~ (283500, ba |___—__——}2#2809 i @ scanned with OKEN Scanner| Capital = — Cred iors a ees a - — a ae a ae —____| _Pmtit = 2, onoo00, 21800 3 "350000 ~ . os 2 0-§ x21IS00 ee 3 = 2 17200 = W467 Reseyve - 21500 -11467 = \00o2 Labour fost yamiance 2/1. Rv = (SR-PR) x AW B| PEV = (SH-AH) x SR LLiMv : (Roy Ay) xoR Tota) aiLcv = (sHxse) = (pH x AR) —> Lobour Rak Variance => Lebour effi cien oy Nason — => Labour ri x = vaviane — itt = Revised S+tandorcl Hour = Total pH + SH of each labous—— _ @ scanned with OKEN ScannerMime Jorrnalion mt arding competition ond the int sage val © of “labour forced engaged yebly ols 4 ra Jobe carnpletedl icy) 30 - d : of on 107 Lbhpp lim ane —4S- por an Acheal sate \ | Labour No.of tuarker| weekly Lage \ an 10 1 skilled! | ao syilleat _postalted ¢ work complete! in... 39-weeks— catewlale JiLtev.— play 3 tev 4] env. ¢ Lise ee NS , f L vias 8 te olr 0 Skilled “Grae = (ayn = @250.x 60)- = (W488 x70) _= 135000 = 156900 — _ _wifooda) wn 2 | ml | | HH Lf ! nf J Ge LY A “54000 = viabh gyal ooo (ce) = @ scanned with OKEN Scannerx _____{a) Unskilleal (ivo0 % 30) (aséo%28) 2 fisaon) = -siaco = i) —_™~ a _s E (sexaw-Carxan) [eaoo (a < (Ko x.2240) - (70x 2240) a. ° Pt 194400 = 15.6800_ ~ = 22400(A) = ~ 2) Sermi= Skilleol = (40x %G0)= (30% 960) ~ = 4oo = 48600. . = 2660 (A) bs) Unshillecl = (80% 2560) = Geox 2560) = T6200 - 51200 = 25600 (F) SZiteve 6uxse) -(nxvse) - [6600 @) oot — agebosoxéo) - (2240 60) = 135000. - 134400 = 600(F) 12) Semi skilled! = (4#1350x uo) - (460 x #6) = 5.4000 = 4866-6 38400 = 156068. (F) fr unstalted = Goa xac) sidongawe0) "| = S400 - 16800 =_22%60 (a) @ scanned with OKEN Scannerj piction—— — ye Tob testing a Thah fom “sti = cn orp \tsbfe Where s stoners _—SP ee ‘ toork js uodertaken wing — detail hos heen exitanied q to yale ety — works 0 atapect of job 0.95 Mkaal £8450 lage houz ane BB bohas @ F 2 per hour | ~ | ae 20 hn @ 4 per hour — “[oesheod Expenses for 3 dpanctmeds estionted oc —__. |B 2A Variable Overheads: pn ggg Deport A: 4000 for direct Labboua- hs =~ B : 33000 for 41509 ='' —— =e : $1000 for 509 —i-— fived Qverheods: Estimakd at 19000 fn 40000. pe usecking bi Nou ane —oSpuind to Caleulale the —cort_of jab give a _protit of 901. na selling “price \ ee | Dob lot Shet No.25 itl ese M1, 3450 7 lage: : ~ 60x 3/- = 4f0/- — _ tox ok = 80l- ~ epee ee Bele a ime cost 3130 joa Coenen ee eee ne ELE @ scanned with OKEN Scanner(Overheads. }+D Variable b-WFived » 20h, ee hae @ scanned with OKEN ScannerFe r rtp il Wy 15 : a ye COSK F100, Stolemen!” 6B yea oe 4 iy ( pop - sthig. op : L ol 09 —L0P ial, ¢ Cuanrent-p ds - 0 \ ss ls } —is_—tomal — o} stalemend cha ln = ‘a ae ~ copital ng -- ms ie — “preset _teset LLL YM) fl Io , i/ | r A I Agee ace “i l SS © Total_Boset - Pts Witt . |! 1 “4 ikl es, aaa Ly) ails Payable | at [ |_ols a Toto bb a le wet (A-B). ~~ “UH Wedkieng Cuerstel Psi ios case thta s20itiey —\ ea ea soorking Capitel — st } i fl 5 LO mo Ll thre _voarking cept “he ai Ose — tee ‘i — Curtin Liability ob ecrease the _voaking | Copital —sncacase. —— cl Na ei | _ @ scanned with OKEN Scannerfxi.| From the fallovaing details... Changes ian WC Liobility bao Boao Ta — | Share+ Capital»! 5p0000:| 600000! Fixed Asset 100 p00, sage a Reserve 180000 | 120000) atock | que 040) Sb P4 Loss O00 | 65,000 Delotors 250960) 2a Debentures 300001 9.50000! Casl_in hand | | on0o see ; Coed toes 510000 | 16000 Furcritune ROD! Isso," Provision for 69000 | $0000 bot thy es | | -—~—ss | Tax 1 : ae 7 12200001 000, 1220000 139504. biting Capital Stakes | 4 202). 9630 ATalatare Decora Cumrent Deseh | a ~Cash_iA_hanal 20000 | 650008 Isao Debtor 0000! 290Q G0 |" 20000 ——jHteantey un | i 9 —_| SEE S16 S000! 500 | fl Geno Liability | | uae ; or ns fe Po = 190,000 160900... Lopog. | ~~ Total iobi it (8) 170000 160000: |40000_|35000~ — Total ae Capital (8-8) |-4 06.00%, 95000 | yLog00 | 350%~F, 4) Chonge_ia king losooo | jospo0 | 7 os pote TT _ Capita) ty @ scanned with OKEN Scanner|2n0000) Machinery Goodall |-.50000| 20000) Debtors 19.90P00.|3,60000 ~ zpopon| sopoo jae opno upon 1pnoo (6900 —~ " iF @ scanned with OKEN Scannerlath 5 000 |25,000 | aQ000 | Teh : iy e |For caleedekt fund Flow Statement, there ore 9 — 1} [Caltwlate Schedule change in_tavking Capital Create adjausted Protih¢ Loc Ale | Fund Floto _Stakmeot @ scanned with OKEN Scannerencral iven: problem profit 4 Lon 4 otsema | r¢4ail “earning considered_asa__part of profit, _ fod given isto! be Ze 1 Patigstlar [= fy Baleate bid | 65¢00_ To Balance clad» 18,000_| Fuad som Opera: | Ispoo | bby antlers tions i 715000_|. i TS600° | ) fund Eldio Statement 2! i { Source z Application = ——| fund _fsocn_operation |15,000_| Lass from Operation | Decocase in WC Sia] Toil tacatare in We 35,000 | Sale’ th _Tnrestimect__| 5 p00 Purchase of Building’ | 10600 — ~\Tssue_of Capitol: =" | 250001 1a tobas’ v ant ba a 45000 | 2 [asooo @ scanned with OKEN Scanner|-Losy fron » Fund fore! Operation Operation, . % y Decrease in_Workiog | XX | Trcatase in: Working i f Capital capital ae 7 Salet of ER ts! | xxxs | Purchase vat Fiala : Sale oft Tniestmect| xxx | Purchase of Texas | tb tesue tof: Bebt: + | xxx | ~ ment es i [Issue ob Shane: Xx _| Redempition ét-Share vy, Loan Taken | | Loan Repay __| x Redemption of debt |x xy | Dividend Pata a [ 7 Is Bepore firid How _ Stated ss : eo = nS Balance Sheeh 0! = “| Gables - © 20: Assets af 2016" | 2017 Ter pital Gop £090" Goad: | 30,000 | 25000 J Retain. 3Up00 | 2¢000 | Plant. | 6oo00 |So0c iL Forning | + Current 1600 | Hows - Correct, (2000 | 3900 | Asse | | 7 _ Liabilities, _ _ 106000] 44000 | 110.6000} 24000 FL Alitiondl Iotormaion Ue = =e Depo Plaaf£ 24000 __ 1, Dividend 2 12000_4_be_paid duri 1g dhe seo = tp} \ - treats pak @ scanned with OKEN Scannertie Zi J, an BEEP eee eee eee Gi 7 fixed set —had Adjus}_tmen}.« trite.open_separeh_ ; SS Bee lore O16. 2057 Tacotase | Detoeae “ake ABooo 149000 | 3000 | Bee ol (0) 14000 49000 | 3000 4 Liabilities | 12000 | 3000 | 9000 7 2000 | Qo00 | 9eo0 | LI. foots . z ee — | _oanera (2000 /) = A rai 7 Tp. Bate Bal oles 2 —~Z 1 Petit ss55 [By Bat cr — ef) Tp Bal wid 28000 Bap FS [rate Depciatoo co} 2900) —|_ Plant ——— J eoa| —§ ———“sg00_\ @ scanned with OKEN ScannerParti telex + ft To Bal_vld | @ scanned with OKEN Scanner