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MGT402 Current Mid Term Papers Fall 2012 18-Dec-2012 to 19-Dec-2012

Current Mid Term Papers Fall 2012 Papers, Dec 2012, Solved Final Term Papers, Solved Papers, Solved Past Papers, Solved MCQs

Current Mid Term Papers Fall 2012 18-Dec-2012 to 19-Dec-2012

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Please Share your Current Papers Questions/Pattern here to help each other. Thanks

 

koi to share kr do yarrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

bought goods on credit from Mr A for 5000

return goods of 10000 to Mr A

sold goods on credit to Mr B for 4000

Mr B return goods of 3000

please any ony solve it may Allah give jazaah ameen 

solve kya krna hai jugnoo?? question hi clear nahi...  journal entries pas karni hain kya??? and i think 5000 ki jaga 50000 ana hai 1st line main...

1-     Following is the information of ABC manufacturing concern:

 

Wage rate per hour                              Rs3.50

Time allowed for the job                      23 hours

Time taken                                            21 hours

 

Required:

1. Calculate the Gross earnings of the worker under Halsey premium plan.

2. Find out effective “rate of earnings” 

qus 2

Factory overhead absorption rate of a pharmaceutical is Rs 2.50.  Budgeted Factory overhead at two activity levels is as follows for that period.

 

 

Activity level

Budgeted factory overhead

Low

20,000 Hours

Rs. 45,000

High

40,000 Hours

Rs. 75,000

Actual Factory overhead for that period was Rs. 42,000 and actual volume was 25,000 hours.

 

Required:

  1. Variable factory overhead absorption rate
  2. Budgeted variable factory overhead at high activity level 40,000 hours.
  3. Budgeted fixed  factory overhead

qus 3  

During January, 19,000 units were completed and transferred out. On January 31st, 6,500 units remained in work in process that was 30 percent completed as to material, labour and overhead. At the end of month 3,500 units were completed and awaiting to transfer.  How many units were started during January? Also show the necessary calculations.

qus 4

Cost of material consumed under Average Cost method is Rs. 4645, and Conversion Cost is Rs. 18200. 800 units of the product were manufactured out of which 500 @ Rs. 30 units sold. There were no beginning and ending inventories of work in process and finished goods.

Required: Calculate per Net profit under Average Cost method.

Note: Show complete working 

one question forget to save 3 marks best of luck pray for me

paper was toooo good but i didnt know about many things...

calculate net profit if labour cost is 5000, conversion cost is 4200, units produced 1500 from which 900@25rs are sold, use FIFO and calculate net profit.(3)

2) what is equivalent production, briefly describe. (3)

3) calculate labour turnover ration if total numbers of mployee are 1200 and number of replacements are 250. (3 marks)

4) give detail note on the following:(5 marks)

1 Cost classification

2 cost allocation

3 cost apportionment

5) variable absorption rate, fixed budgeted FOH, variable budgeted FOH are given to calculate, data is not mind (5 marks)

SALAM GHAZ

                Aj mera paper tha mgt402 so eassy   mcqs most of old papers 

total question 27 

mcqs 23

tong question 4 

first question 3 marks      what is pay slip 

second question 3 marks  fifo method question  data is under 

purchased   300  @2

purchased 230 @ 5

purchased 400        @ 3.4

purchased 100        @4

opening is 150 units    @2.2

avalable unsold 375 units 

find the closing units cost with the help of fifo method 

third question 5 marks   features of processing costing

fourth question 5 marks is calculate variable rate with high and low method data not revember 

best of luck 

thanx buddy

 mujahidgul thanks for sharing 

Note for All Members: You don’t need to go any other site for current Mid Term papers fall 2012, Because All discussed data of our members in this discussion are going from here to other sites. You can judge this at other sites yourself. So don’t waste your precious time with different links.

 what is pay slip???????????

and plzz

purchased   300  @2

purchased 230 @ 5

purchased 400        @ 3.4

purchased 100        @4

opening is 150 units    @2.2

avalable unsold 375 units 

find the closing units cost with the help of fifo method 

is ko solve kr dein ...

 sweetdoll thanks for sharing 

22 MCQS

5 questions

3 questions of 3 marks

2 questions of 5 marks

MCQS were very very easy and mostly from past papers

1- calculate variable FOH absorbtion rate ... pg no. 122 (3)

2-calculate efficiency ration...pg no. 99...question no.1 of problem question. (3)

3-write formula of closing finished good inventory...pg no.36 (3)

4-calculate departmental rate, data was given (for hints see pg no. 107 ques no. 2) (5 marks)

5- what information is written on job cost sheet...pg no. 74 (5 marks)

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