Mgt402 Mid Term Current Paper (Dec 2010)
it was about labor turn over ratio
what we asked for marks 3
2nd qs was calculate the final settlement money that the firm asked from the customer question was concerned to job costing
and 3rd qs was to calculate labor's efficiency ratio
32 total question
28 mcqz
2 question of 3 marks question first waht is blank rate
socond on the 1st january a company 19000 units produce and send to the market 6500 unit in under procces in which 30% comleted at the end of the year 3500 was complete and ready to sale how much total unit produced ?
2 question of 5 marks first is what is advatnges and diadvatages of Group bonus ?
and last is what is normal and abnormal loss describe
Another Paper:-
1.Explain Classification of cost, Allotment of cost, Apportionment cost(3)
2.Define Blanket rate(3)
3.PA Ltd. standard sale price is predetermined Rs. 505 based on cost plus 20% profit margin. Estimated cost for job #141
Direct material 5 meter . 20 per meter
Direct labor 14 hours . 8 per hour
Predetermined over head for year are bugted to be Rs. 200000 and are to be received on basis of total 40000 credit labors four for year, calculate cost of goods sold for job # 141
Calculate amount for profit for job @141(5)
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