We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

www.vustudents.ning.com

Looking For Something at vustudents.ning.com? Click Here to Search

 www.bit.ly/vucodes + Link For Assignments, GDBs & Online Quizzes Solution www.bit.ly/papersvu + Link For Past Papers, Solved MCQs, Short Notes & More

Dear Students! Share your Assignments / GDBs / Quizzes files as you receive in your LMS, So it can be discussed/solved timely. Add Discussion

How to Add New Discussion in Study Group ? Step By Step Guide Click Here.

# MGT402 Assignment No 01 Solution & Discussion Due Date: 16-11-2017

MGT402 Assignment No 01 Solution & Discussion Due Date: 16-11-2017

SEMESTER FALL 2017

COST & MANAGEMENT ACCOUNTING (MGT402)
ASSIGNMENT NO. 01
DUE DATE: 16 TH NOVEMBER, 2017
MARKS: 10

Assignment Topic: Inventory Valuation and Cost of Goods Sold Assignment Objective:

After attempting this assignment whole-heartedly, the students will be able to:  Get understanding about Inventory Valuation Method  Get idea about the calculation of costs of sales Assignment 01 MGT402

Question
XYZ Company is a manufacturing concern. It had 100 units in store on Sep. 01, 2017 at the rate of Rs. 10 per unit. Following transactions were made during the month of September.

1-Sep Received 200 units @ Rs 9

8-Sep Issued 200 units

15-Sep Received 400 units @ Rs 11

20-Sep Received 600 units @ Rs 12

30-Sep Issued 500 units

Other Costs for the month were:  Direct Labour Rs. 2,500  Factory overhead Rs. 1,500 900 units of product were manufactured and 500 were sold. There were no beginning inventories of work in process and finished goods. Required: 1. Prepare Material Ledger Card by using FIFO method 2. Calculate total cost of material issued 3. Calculate value of ending inventory 4. Calculate value of ending finished goods and costs of sales Note: Prepare Material Ledger Card in proper format and provide formulas where necessary

Fall%202017_MGT402_1.pdf

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?

See Your Saved Posts Timeline

Views: 1668

.

+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

### Replies to This Discussion

Please Discuss here about this assignment.Thanks

Our main purpose here discussion not just Solution

We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions. Read More>>

Note:-

For Important Helping Material related to this subject (Solved MCQs, Short Notes, Solved past Papers, E-Books, FAQ,Short Questions Answers & more). You must view all the featured Discussion in this subject group.

For how you can view all the Featured discussions click on the Back to Subject Name Discussions link below the title of this Discussion & then under featured Discussion corner click on the view all link.

Or visit this link

Click Here For Detail.

&

.•°How to Download past papers from study groups°•.

Please Click on the below link to see…

.... How to Find Your Subject Study Group & Join ....

P.S:    Please always try to add the discussion in proper format title like “CS101 Assignment / GDB No 01 Solution & Discussion Due Date: ___________”

MGT402 Assignment#01 Solution

Dear Students Don’t wait for solution post your problems here and discuss ... after discussion a perfect solution will come in a result. So, Start it now, replies here give your comments according to your knowledge and understandings....

MGT402_Assignment_No_1_Solution

Attachments:

here Engineer naeem bhatti

## Latest Activity

+ ! ! ! ❣ maho ❣ ! + posted a discussion

### .......

3 hours ago
3 hours ago
Bilal.Khan posted a status
"cs201 past papers required.."
4 hours ago
4 hours ago
5 hours ago
5 hours ago
5 hours ago
5 hours ago
5 hours ago
5 hours ago
5 hours ago
5 hours ago

## Today Top Members

1

2

3

### ہاشم

© 2020   Created by + M.Tariq Malik.   Powered by

.