Mgt402 GDB no.1 Solution and Discussion Closing Date 21,November,2014.
Graded Discussion Board
Cost and Management accounting (mgt402)
This is to inform that Graded Discussion Board (GDB) No. 01 will be opened on November 18, 2014 for discussion and last date for posting your discussion will beNovember 21, 2014.
Topic/Area for Discussion
“Inventory Valuation Method”
This Graded Discussion Board will cover Audio/Video lessons #7 and #8.
For acquiring the relevant knowledge, do not rely only on handouts but also watch the course video lectures and read additional material available online or in any other mode.
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Fighting Falcon Shakeel your right because my answer match with your answer
but in lifo method you say 40.2 but my 40.8.
50000-29600 = 20400 and gross profit 40.8%.i suggest you to please correct your answer...
Thanks but i have submitted it.
it is very easy GDB only your attention are required.
so simple calculation dear.
thanks Allah g me ne tu kr liya hai
aur ha 40.8% LIFO me thek hai
well done baby doll,,,
plz can u send me , dont have tiem today for preps
r u done ?
You are really not less than an asset for your juniors...!!!
I was here after a long time to check what is all about, but you are already here that is more than enough.
Glad to see you, however...!!
Stay Blessed with Kind regards,
+♦6^6 Faizan Raza ツ
Faizan Bhai, u r great. God bless u.
Total weighted average method = Total cost/Total units
FIFO method = Firstly received in the stores or produced firstly are the first ones to be delivered
LIFO method= The goods received most recently in the stores or produced recently are the first ones to be deleivered