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Mgt402 GDB no.1 Solution and Discussion Closing Date 21,November,2014.

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 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.

Note:

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.

 

Important Instructions:

  • Your discussion must be based on logical facts.
  • The GDB will open and close on above specified date and time. Please note that no grace day or extra time will be given for posting comments on GDB.
  • Use the font style “Times New Roman” and font size “12”.
  • Your answer should be relevant to the topic i.e. clear and concise.
  • Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.
  • Books, websites and other reading material may be consulted before posting your comments; but copying or reproducing the text from books, websites and other reading materials is strictly prohibited. Such comments will be marked as Zero (0) even if you provide references.
  • You should post your answer on the Graded Discussion Board (GDB), not on the Moderated Discussion Board (MDB). Both will run parallel to each other during the time specified above. Therefore, due care will be needed.
  • Obnoxious or ignoble answer should be strictly avoided.
  • You cannot participate in the discussion after the due date via email.
  • Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of GDB is over.
  • For planning your semester activities in an organized manner, you are advised to view schedule of upcoming Assignments, Quizzes and GDBs in the overview tab of the course website on VU-LMS.

 

Note related to load shedding: Please be proactive

 

Dear students!

As you know that Pre- Mid-Term semester activities have started and load shedding problem is also prevailing in our country. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no excuse will be entertained after due date of assignments, quizzes or GDBs.

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Replies to This Discussion

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 ?

Fighting Falcon Shakeel bro,

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

Wassalam :)

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 

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