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MGT402 Assignment no 01 Solution Spring 2013 Has been uploaded

SEMESTER SPRING 2013 COST AND MANAGEMENT ACCOUNTING (MGT402) ASSIGNMENT NO. 01 Solution DUE DATE: 2ndMAY 2013                                                                                       ... Read More »

MGT402 latest Final Term paper attempt by Hajjab Fall 2012

1- Differentiate between incremental cost and avoidable cost. (M – 3)   2-   Margin of safety Rs. 75000 Budgeted sales Rs. 650000 Calculate Margin of safety Ratio. —– (M – 3)   3- Give the formulas of the following: Production budget Sales budget —– (M – 3)   4- Hussain Corporation annually produces 10,000 units of assembly part number 206. ... Read More »

MGT402 Solved Latest Quizs for final term Fall 2012

All Indirect cost is charged/record in the head of Select correct option: Prime cost FOH cost Direct labor cost None of the given options Closing work in process Inventory of last year: Select correct option: Is treated as Opening inventory for current year Is not carried forward to next year Become expense in the next year Charge to Profit & ... Read More »

MGT402 Solved MCQs from lect 1 to 17 Fall 2012

Question # 1   Which of the following is correct? Select correct option:   Units sold=Opening finished goods units + Units produced – Closing finished goods units   Units Sold = Units produced + Closing finished goods units – Opening finished goods units Units sold = Sales + Average units of finished goods inventory   Units sold = Sales – ... Read More »

MGT402 Final Unsolved Final Term Paper

No: 1 All of the following are a part of Planning Process EXCEPT: ► Identifying the objectives ► Search for alternative actions ► Data gathering for alternatives ► Selection of a fixed action Question No: 2 All of the following indicate the problems in traditional budget EXCEPT: ► Programmes and activities involving wasteful expenditure are identified, resulting in unavoidable financial ... Read More »

MGT402 Solved MCQs and Latest Quizs before Mid Term

Question “Taking steps for the fresh purchase of those stocks which have been exhausted and for which requisitions are to be honored in future” is an easy explanation of: Select correct option: Overstocking Under stocking Replenishment of stock Acquisition of stock   Question If, COGS = Rs. 50,000 GP Margin = 25% of sales What will be the value of ... Read More »

MGT402 today (latest) paper 12 December 2012

Total 27 question 22 MCQS (Mostly from Past Papers) Question of 3 Marks:- Explain equivalent production. There are two wage rate principles i.e. time wage and piece rate. Explain these systems. ABC company’s data is as under: 400 units already in inventory @ Rs. 5 Additional 500 units purchased @ Rs. 6 ABC Company sold 800 units @ Rs. 8 ... Read More »

MGT402 Assignment 1 Solution fall 2012

Answer:         Economic Order Quantity in Previous Proposal:        Required Quantity= Rq= 12,500       Ordering Cost        = Co= 2,000       Inventory Unit cost =Uc= 500 per bail      Carrying & Storage Cost 10% Uc=Cc= 50      As Economic Ordering Quantity;  EOQ = (2(Rq*Co/Uc*Cc) ^ (1/2)                           = (2(12,500*2,000)/ (500*s50) ^ (1/2)                          = (2000) ^ (1/2) ... Read More »