Graded Discussion Board
Cost and Management Accounting (MGT402)
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
This Graded Discussion Board will cover first 14 lessons.
if we use fifo methode, then it will show low cost of material and then low cgs because of which we shall get high income and we have to pay more tax.
in fifo we get all the records in a seconds.
if we use lifo methode, then it will result in high cost of material and high cgs beacause of which we shall get low income and there will low tax.
lifo is against fifo.
so what u think about it......
Ab to weighted average hi bach gaya phir
i think this method is best choice 4 Mr. Assad
but we have to think about high income and high tax because mr.assad will also think about it.
he wants a costing method which is most favorable for his seasonal business.
or jo business seasonal hota ha us k leay koi na koi policy change krni parhti ha.
Rosali it is sure high income resault high tax all business men know but they try to earn high profit so i this it does not matter .... FIFo is best option ....
every one have different perception kisi ak point peh to aho ALLAH walyoooo angel ne thek kaha tha last moments me garbar he hoti hay achay bhaly ak point peh hoty han phir dosra banda tapak parta hay hehe kher me also confuse related to both methods..
hmm i think so..me to last me post keron ga abi dost seh discuss ho rahi hay then i will finlay decide but prefer for fifo method
Who have complete and accurate solution of GDB ???
naeem asif bhai toh humen b share kren na solution
Le Dasss........ Main to khud intzaar me hon k kis k pas hai solution?
akhir kab tak iss gdb ka solution tayar ho jaye ga koi bta sakta hai muje ya nai