Rock Industry Plc Accounting Treatment
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Rock Industry Plc Accounting Treatment
Question Description
Let F be a DAG with n vertices.
How many strongly connected components are there in F? Defend your answer.
We choose to add a directed edge from every sink of F to every source of F. Let F’ be the resulting digraph. What is the number of strongly connected components in F’? Defend your answer.
Question Description
Hard steel, product produced by Rock Industry Plc., passes through processes A and B before completion. In process B, a by-product Soft steel is produced which, after processing, in process C, is sold at a profit of 25% of selling price. The following data is given below: Process A B C Output in units 5,290 4,000 250 M Normal loss in process % of input 20 10 5 K K K Scrap value of any loss in process /unit 2.5` 8 – Direct material introduced (5,000 units) 50,000 — – Direct materials added 10,000“ 3,100 250 Direct wages incurred @K3/hr. 12,000 15,900 550 Direct expenses 7,800 2,100 — Production overheads for the month, K85, 000, is absorbed by Labour hour rate.
Required;
(A) Process A (B) Process B (C) Process C (d) Abnormal gain account
Define and explain briefly, the accounting treatment of: (a) By-product (b) Joint product
Rock Industry Plc Accounting Treatment
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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Rock Industry Plc Accounting Treatment