With the help of given information, what was the total cost of the units completed and transferred out during the month. Identify the components of break even chart. What is the profit under marginal and absorption costing method? Tips for Success at VU. Required Produce a revised costing schedule for the special project based on relevant costing principles. What will be the sunk cost in this situation?

Product “B” has a contribution of Rs. How much will the direct materials budget show as the cost of materials to be purchased? What will be the sunk cost in this situation? It takes 5 pounds of sand to produce one bottle. Use this website to get benefit and give benefit. We have huge range of mgt virtual university past papers available to download. Two units of material are required for each unit produced.

Ordering costs are Rs. You can also download mgt midterm papers and mgt final term papers of previous years.

mgt402 final term paper

One item it sells is a small table that sells for Rs. How to freeze semester. They are fully occupied in their usual department and sub-contracting staff would have to be brought in to undertake the work left behind.


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These have already happened, so they cannot be affected by a future decision. What will be the margin of safety ratio? In a period when actual sales were Rs. Each table requires 10 bd.

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Direct wages 1 28, Supervisor costs 2 11, General overheads 3 4, Machine depreciation 4 2, Machine overheads 5 18, Materials 6 34, Total 98, Notes v Direct temr comprise the wages of mgh402 employees, particularly skilled in the labor process for this job. What was the apportioned cost for JP3. Download mgt final term 4. Forecasted sales for May, June and July are Rs. The equivalent units of output are 50, What is the profit under marginal and absorption costing method? It takes 5 pounds of sand to produce one bottle.

Which finsl the following should be regarded as relevant in the decision-making process? By definition, an opportunity cost is one which measures the cost of sacrificing one course of action in favour of another. The estimated budgeted sales for the year would be Rs. The cost data for February follow: The firm receives other income of Rs.


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What will be the value of closing stock? This document is sent to store incharge and approved by: And we are considering only current in process. Material is added at the beginning of the process and conversion costs are added evenly throughout the process.

If Jones uses weighted average, what are the equivalent units of production for direct material and conversion costs? If chemical B is further processed, it would cost Rs. Fixed costs are Rs.

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July 6, August 10, September 8, All sales and purchases are for cash and all expenses are paid in the month incurred.

Download mgt mid term 1. Home Books About us Contact Us. Material and supplies inventory finql.

mgt402 final term paper

Click here to sign up. Use our share handout services. The company budgeted sales for the year were Rs.