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Sir is it necessary to learn theory from study text for ma2 exam

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question in which it is given

What was the change in the value of finished goods inventory over the period

In question it’s provided 33000 units of product manufactured in a period during which 33950 units were sold for a total revenue of 1391950

Opening inventory of product was. 1700 units the company uses absorption costing

Unit cost are
Variable manufacturing cost 16.30
Fixed manufacturing cost 11.60
Variable selling and administration cost 3.40
Fixed selling and manufacturing cost 7.10

Sir which formula is used in calculating change in value of finished goods inventory over the period

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Sir what does it mean by demand limited and labour hours limited

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Sir why we divide total labourhours available with labour hour per unit to get number of units

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So sir why it’s provided in ma2 Kaplan study text

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But sir I am using study text it’s provided there

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Can we call normal loss Account as scrap account
Like in t account of normal loss
Normal loss account with scrap value
Dr.

Process account dollar 30.
Abnormal loss account dollar 30

Cr bank dollar 30

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The accounting entry for depreciation is credit the depreciation account and debit the overhead account
Normally depreciation is an expense so we should do Dr depreciation but i am. Solving a question where they are crediting depreciation

Dr production overhead
Dr administration overhead
Dr sales and distribution overhead
Cr equipment depreciation account

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Assume that the company adopts eoq of 3500 barrels as it’s order quantity and that it now takes two week for an order to be delivered the demand
Is 36750
Required

Question How frequently will the company place an order
2 how much inventory will it have on hand when the order is placed

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I can’t understand this question
From where did this 90 hours came
I cant understand why it is paid for 100 hours

[Author]

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