+ Link For Assignments, GDBs & Online Quizzes Solution
+ Link For Past Papers, Solved MCQs, Short Notes & More
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
SEMESTER FALL 2017
COST & MANAGEMENT ACCOUNTING (MGT402)
ASSIGNMENT NO. 01
DUE DATE: 16 TH NOVEMBER, 2017
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
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
.+ 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)
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>>
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
Please Click on the below link to see…
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....
here Engineer naeem bhatti