MGT402 plz share ur current paper here 11/5/2012 to 22/5/2012

[Sana Sunny ツ]

Please share your current paper here for help each other.

Stay blessed and Best of Luck for exam.

Remember me in your prayers.

Best Regards,

sana

[Sana Sunny ツ]

Please share your current paper here for help each other.

Stay blessed and Best of Luck for exam.

Remember me in your prayers.

Best Regards,

sana

[Muhammad omer Iqbal]

Mera 11-5-12 ko 9:30 per MGT- 402  ka paper tha.

There was 28 Objective Question(2 was calculate Gross Profit,calculate sale,)

Subjective was 4

one was 5 marks 2nd 3 marks and two was 2 marks k thy

All subjective was numericaly about Factory Over Head Cost

[+ M.Tariq Malik]

Muhammad omer Iqbal  thanks for helping other 

[Arham]

Can anyone provide me Solved Subjective Question file please?

[+ M.Tariq Malik]

26 mcqs 
2 marks 3 
2 marks 5 

or baki ye 
enjoy it 
:-p


Consider the following data: (3) 

Particulars

Rs.

Raw material inventory beginning

14,000

Purchases of Raw materials

120,000

Raw material inventory Ending

10,000

Direct labor

200,000

Manufacturing Overhead (actual)

402,000

Manufacturing Overhead (applied)

404,000

What is the amount of under or over applied manufacturing overhead cost?




XYZ Company’s Overhead Budget for the month together with data relating to cost centers is as follow: (5)

Overhead Cost

Rs.

Power

3,200.00

Rent Of Godown

125

Depreciation Of plant

7,500.00

Machine Groups
Bases for Apportionment.

Q

R

S

T

TOTAL

Kilowatt Hours

27,500.00

2,525.00

4,500.00

6,500.00

41,025.00

Small tools and supplies

291

350

55

142

838.00

Floor Space(Sq Ft)

1,100.00

1,105.00

650

550

3,405.00

Capital Cost Of plant

2,450.00

16,000.00

7,500.00

13,000.00

38,950.00

Required: Apportion each of the cost given to the four groups of machine on suitable bases.

Red Corporation instituted a new process in October, during which it started 10,000 units in department A. of the units started, 1,000 units, a normal number were lost during the process, 7,000 were transferred to next department B and 2,000 remained in work in process inventory at the end of the month, 100% completed as to material and 50% as conversion. Material and conversion cost of Rs. 27,000 and Rs. 40,000 were charged to department in October.

Required: Total cost transferred to department B

West Point Company uses predetermined overhead rates to apply manufacturing overhead to jobs. The predetermined overhead rate is based on machine hours in Department A and direct labor cost in Department B and at the beginning of the year, the company made the following estimates:

Particulars

Dept A (Rs.)

Dept B(Rs.)
Direct labor cost

45,000

45,000

Manufacturing overhead

36,000

80,000

Direct labor hours

18,000

16,000

Machine hours

6,000

1,500

What predetermined overhead rates would be used in Department - A and Department - B, respectively? (5)


Entries (3)

Direct Labor
25,000
Indirect Labor
20,000
Sales Salaries
5,000
Administrative Salaries
10,000
Total
60,000
Deductions 

Income tax
3,000
Group insurance
2,000

Required: Pass journal entry to record Payroll expense. 

[Cutesono]

Tariq bhai,

Plzz Clear the above curret solve question as early because i am in confuse.My paper is 15/5/2012 at 7.30AM.Waiting

[Mohsan Ali]

14 may 2012

Q.1    If, Sales = Rs. 800,000

Markup rate     = 25% of cost

What would be the value of Gross profit?

 

Q.2  You made Rs. 10,000 loan to your cousin's company. At the end of one year, the company returned to you Rs. 10,850. The Rs. 850 is called which one of the following?

 

Q.3  Which of the following manufacturers is most likely to use a job order cost accounting system?

 

 

Q.29 What do you think that production in case of process costing is based on Customers’ specific orders?  Explain your answer either yes or no.

 

 

 

Q.30    The following data relates to work in process department of ABC Company.

 

Basic daily pay	8 hours @ Rs. 7 per unit
Time allowed	12 Minutes /unit
Premium bonus payable at the basic rate	50% of time saved

 

Required: Calculate gross pay for the day if on a particular day an employee finishes 50 units.

 

 

 

 

Q.31  Gourmet produces “gourmet cola” which is filled in bottles of three sizes; 0.5 liters, 1 liter and 1.5 liters. They assign FOH cost to its products by using a predetermined FOH absorption rate calculated on the basis of units of output. Technical studies reveal that proportion of FOH incurred on one bottle of each size mentioned above is 1:3:5 respectively. Estimated production during the coming year is as follows:

 

Bottle size	Production
0.5 liters	90000
1 liter	80000
1.5 liters	95000

 

W.32  Write down the advantages of Job analysis.

 

[SUMRANATAHIR]

ya to old past paper 2010 ka hai data .

[+ M.Tariq Malik]

Mohsan Ali  thanks for sharing ur paper 

[waqar zaib]

Aslam-O-Alikum Daer All Fellows,,,

MGT402 Ka objective kiss Chapter see aaiya tha zyada?

Past papers see b khuch aiya tha ?

Quiz me see Khuch Aiya tha?

Kindly Reply As soon....

W.Z.A

[+ M.Tariq Malik]

MGT402 Mid term Spring 2012 Solution

Only descriptive question.
MCQS 25% from past papers.

See the attached file 

[+ M.Tariq Malik]

MGT402-latest solved mcqs with reference by shifa .. File no 1