mgt401 ASSIGNMENT 1 SOLUTION FALL 2017
Dear Virtual University Students, here you can Read and Download MGT401 Assignment No.1 Solution fall 2017. MGT401 Assignment Opining Date 16 November 2017 and Closing Date 22 November 2017. Assignment Total Marks: 20. So, harry up Download the MGT401 Assignment Solution File and submit Your Assignment Solution. Easily you can Download Solution file click the Download Button and Get Assignment Solution File. Any Question for Assignment so easily you can Contact me using Comment Box. If assignment solution was helpful. Please Share It with your friends. You can also like our Facebook page, subscribe YouTube channel and follow on Google+ for Latest Update.
ASSIGNMENT QUESTION
XYZ co. has the following purchases patterns for the month of august:
August 1 100 units @ Rs. 11.00
12 90 units @ Rs. 9.50
15 50 units @ Rs. 9.50
20 90 units @ Rs. 9.40
Units sold during the month were:
August 10 70 units
14 100 units
30 95 units
ASSIGNMENT QUESTION requirement
- Draw inventory valuation tables for August as per two IAS suggested valuation methods (consult book and video lectures for approved inventory valuation methods).
- A physical inventory count revealed a shortage of five units. Show how you would bring this into account.
Also determine the cost of sales and gross profit under the both methods from the following information:
- Sale price of a unit is Rs. 15 (Amount of direct material will be taken from the requirement (i)) and also treat the cost of lost units in calculation of gross profit.
- You are required to give some logical reasons that why LIFO method has been obsoleted and declared not to be used method for inventory valuation.
important for ASSIGNMENT QUESTION
24 hours extra / grace period after the due date is usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
assignment IMPORTANT instruction
If plagiarism found more than 20%, your assignment will be marked zero because university is following no plagiarism policy. Plagiarism reports will be attached with your assignment solution files to give you exact results of copied data.
Only to the point and relevant answers are required with proper logic's.
DEADLINE
- Make sure to upload the solution file before the due date on VULMS.
- Any submission made via email after the due date will not be accepted.
formatting guidelines
- Use the font style “Times New Roman” or “Arial” and font size “12”. It is advised to compose your document in MS-Word format.
- You may also compose your assignment in Open Office format. Use black and blue font colors only.
Recommended: Value of VU Degree in Pakistan.
referencing GUIDELINES
Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit:
rules for marking
Please note that your assignment will not be graded or graded as Zero (0), if:
- It is submitted after the due date.
- The file you uploaded does not open or is corrupt.
- It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc.
- It is cheated or copied from other students, internet, books, journals etc.
RELATED TO LOAD SHEDDING
Please be proactive!
Dear students, As you know that Post 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 or GDBs.
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