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MGT402 VU Current Midterm Fall 2012 Paper 14 December 2012

MGT402 VU Current Midterm Fall 2012 Paper – 13 December 2012

22 MCQ AND 5 were long

most mcq was from past papers

long q 1 define blanket rate
2 calculate finished invetory
3 quantity shedual
4 wage rape 3.5
5 time allowed 23h
6time taken 21h
i calculate gross earning under hasley plane
ii find afactive earning rate

Q5
FOH rate 3.5
low 20000 450000
high 40000 75000

find variable factory cost
budget for FOH high lavel 40000
budget for fixed FOH COST

Another Paper:

total question 27
mcqs 23
tong question 4
first question 3 marks what is pay slip
second question 3 marks fifo method question data is under
purchased 300 @2
purchased 230 @ 5
purchased 400 @ 3.4
purchased 100 @4
opening is 150 units @2.2
avalable unsold 375 units
find the closing units cost with the help of fifo method
third question 5 marks features of processing costing
fourth question 5 marks is calculate variable rate with high and low method data not revember

Another Paper:

22 MCQS
5 questions
3 questions of 3 marks
2 questions of 5 marks
MCQS were very very easy and mostly from past papers
1- calculate variable FOH absorbtion rate … pg no. 122 (3)
2-calculate efficiency ration…pg no. 99…question no.1 of problem question. (3)
3-write formula of closing finished good inventory…pg no.36 (3)
4-calculate departmental rate, data was given (for hints see pg no. 107 ques no. 2) (5 marks)
5- what information is written on job cost sheet…pg no. 74 (5 marks)

 

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