We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search

www.bit.ly/vucodes

+ Link For Assignments, GDBs & Online Quizzes Solution

www.bit.ly/papersvu

+ Link For Past Papers, Solved MCQs, Short Notes & More


Dear Students! Share your Assignments / GDBs / Quizzes files as you receive in your LMS, So it can be discussed/solved timely. Add Discussion

How to Add New Discussion in Study Group ? Step By Step Guide Click Here.

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.

+ How to Follow the New Added Discussions at Your Mail Address?

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?


See Your Saved Posts Timeline

Views: 7022

.

+ 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)

Replies to This Discussion

Thanks dear

dear fellows GDB ka status closed kyun a raha hai ab kesey send krna plz koi btaye

what to do now ? what the hell is this status closed

apka submit ho gya saima khan???

shahzad plz can u send me word doc ???

yar plz can u send me word file for this ?

To find out why GDB is showing close status go to this discussion.

http://vustudents.ning.com/group/mgt402costmanagementaccounting/for...

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 delivered 

LIFO

Hence, the closing inventory is   Rs. 20500

Gross Profit = 29500 Rs.  (59%)

FIFO

the closing inventory is   Rs. 29600

Gross Profit = 20400 Rs.              (41%)

Weight Avg

the closing inventory is Rs. 12500

Gross Profit =  37500 Rs.  (75%)

 

In every Inventory Valuation Method, we calculate the cost per unit by our own, in the procedure. But they gave Rs. 250 of cost per unit. So, what would we do? Either use Rs. 250 for issuing 100 ounce substances or use our calculated cost per unit?

Abdal Aahad said:

LIFO

Hence, the closing inventory is   Rs. 20500

Gross Profit = 29500 Rs.  (59%)

FIFO

the closing inventory is   Rs. 29600

Gross Profit = 20400 Rs.              (41%)

Weight Avg

the closing inventory is Rs. 12500

Gross Profit =  37500 Rs.  (75%)

 

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

4 shipments to 150 pieces banty hain and lab manager ny 150 bought kiye 

100 sold huey hain peechay to 50 reh jaty

RSS

© 2019   Created by + M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service

.