Question

6. Following details are available in respect of a consignment of 1250s of material
(a) Invoice price. 20 per kg
tb) Excise Duty-25% on invoice price
(c) Sales Tax-8% on invoice price including Excise Duty
id) Trade Discount-109 on invoice price
fe) Insurance-19 of aggregate net prior
Delivery charges-250
g) Cost of containers @ 60 per container for 50 kgs of material. Rebate is allowed 7 40
per container if returned within six weeks, which is a normal feature
(h) One container load of material was rejected on inspection and not accepted.
w Cost of unloading and handling 0.25% of the cost of materials ultimately acepted
On the basis of above, you are required to find out the landed cont of per kg of material X
ns. [25.92]​

Answer 1

On 1.1.20 X Ltd. purchased fixed assets worth 2,50,000 for a consideration of * 2,30,000 payable by the

On 1.1.20 X Ltd. purchased fixed assets worth 2,50,000 for a consideration of * 2,30,000 payable by theissue of 20,000 fully paid equity shares of 10 each at a premium of 15%. After 6 months X Ltd. sold the

On 1.1.20 X Ltd. purchased fixed assets worth 2,50,000 for a consideration of * 2,30,000 payable by theissue of 20,000 fully paid equity shares of 10 each at a premium of 15%. After 6 months X Ltd. sold theabove fixed assets for * 3,20,000.