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Important announcement

Graded Discussion Board

Cost and Management Accounting (MGT402)

 

Dear Students!

This is to inform that Graded Discussion Board (GDB) No. 01 will be opened on November 30, 2013 for discussion and last date for posting your discussion will be December 04, 2013.

Topic/Area for Discussion

 “Material”

This Graded Discussion Board will cover first 14 lessons.

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Replies to This Discussion

+Bareera Ahmed+ dear sis every person is not perfect.mujy jo smj aia m ny kr lia.ar ha m idr sy idea's solution zoror dekhti hu but krti apni mrzi hu.but us assignment main m ny apni mrzi ni ke achi bli m ny phely he assignment kr le the liken jb idr ai to discussions main foh pr bht behas jari the to confuse ho gai bht dukh hua mujy khud b m ny q dosry logo k pechy lg k apni assignment gult ke is liy meri ap sy b advise ha k ap log idr sy idea zoror dekho but solve apny concepts ar mind sy kro jo ap ko acha lgta ha ok

+Bareera Ahmed+ tension leny ke zorart ni ha insan hemsha mistakes sy he learn krta ha.m khud ko intelligent ni khti but jo b ata hota ha jesa b ata ha m idr sb k sath share krti hu.

actually case study is answering itself. U can just add simple two or three benefits in it. I don't know why instructor has chosen yes/no option case without focusing other direct impact on the business in this scenario. surprising....  

GHULAM ABBAS ap ny tekh kha.

according to my perception in the gdb FIFO costing method of inventories us ko use krna chiahy.sath main ap log us ko 5 6 benefits bata do k q fifio use krna chiahy.

Every one is choosing fifo method which is not logically correct answer as per my observation. You have to make some more research about the nature of business and organization financial closing year.

1) Sugarcane production season

2) Company financial closing year either calender year or fiscal year

3) Impact on long run.

4) Product price (whether company would increase product price due to high material rate?)

5) Sustain in the market if product prices increased

6) Tax liability which is normally payable much higher in FIFO Method.

These are not asked by instructor but you have to think in Broadway. 

If organization is closing financial activity in fiscal year then you have to utilize weighted average. Sugarcane business normally starts from Nov-Feb every year mean in winter season and in this period company have to procure according to their productions requirements with high rates. So, If they have strong fiscal policy to make balance in inventory and profitability then there are several options to be utilized to treat such case in favorable purpose without increasing the product price. 

aslam o alikum!

mr.abbas u r right.

ugarcane, or Sugar cane, is any of six to 37 species (depending on whichtaxonomic system is used) of tall perennial true grasses of the genusSaccharum, tribe Andropogoneae, native to the warm temperate to tropical regions of South Asia.

They have stout jointed fibrous stalks that are rich in sugar, and measure two to six metres (6 to 19 feet) tall. All sugar cane species interbreed and the major commercial cultivars are complex hybrids.

Sugarcane belongs to the grass family (Poaceae), an economically important seed plant family that includes maize, wheat, rice, and sorghum and manyforage crops. The main product of sugarcane is sucrose, which accumulates in the stalk internodes. Sucrose, extracted and purified in specialized mill factories, is used as raw material in human food industries or is fermented to produce ethanol. Ethanol is produced on a large scale by the Brazilian sugarcane industry.

Season, Period of Planting

1.   Main season

        
i) Early   : Dec - Jan            ii) Mid : Feb - March            iii) Late: April - May

2. Special season : June - July 

Early season varieties are suitable for special season.

financial year to 1st july sy start hota ha or 30 june pe end hota ha

Energy drinks doesnt depend on seasons

hmmm i also choose fifo.........

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