Saturday, November 26, 2011
Tuesday, November 15, 2011
OVERSEAS EXAM SOFTWARE INSTALLATION AND CONFIGURATION
Overseas Exam Software and related material has been made available for download. Please make sure to install latest exam application available on the link given below. You must follow the sequence of instructions given below for smooth and error free installation:
INSTRUCTIONS
1. Visit the link http://qb.vu.edu.pk
2. For downloading, login with your VULMS student ID and password
3. Download all material one by one
4. After installation, you must go through the “User Manual” to know how to attempt your paper.
5. An icon will be visible on your desktop. Please double click the icon to run the demo test. You may test your installation by joining each of the following sessions till 24th Nov 2011 during the specified timings)
Session 1: 08:00 AM to 09:00 AM Pakistan
Session 2: 10:00 AM to 11:00 AM Pakistan
Session 3: 12:00 AM to 01:00 PM Pakistan
Session 4: 02:00 PM to 03:00 PM Pakistan
Session 5: 03:30 PM to 04:30 PM Pakistan
Session 6: 05:00 PM to 06:00 PM Pakistan
6. Please use your student ID as login and password for login the exam application to check demo test. For example
StudentID: mc090XXXXXX
Password: mc090XXXXXX (use the same Id as password for demo exam application)
7. After completing the demo test, you must confirm your installation status by clicking the link “Click here to confirm your installation status” given on http://qb.vu.edu.pk
In case of any query/problem, you may give your feedback to overseasexams@vu.edu.pk or contact us on the following numbers during VU office hours i.e. 09:00-05:00
+92-42-99204760, +92-42-99203899, +923454019085, +923454019083
Monday, November 14, 2011
MGT402 - Cost & Management Accounting - Fall 2011 - GDB # 1
“Mr. Daood is an owner of two stores situated at different locations. For costing the sold units, store “M” follows the First- In-First-Out (FIFO) method while store “N” follows the Last- In-First-Out (LIFO) method. On 1st November, both stores have the same quantity in stock that is 8,000 units at Rs. 24.00 per unit. On 12thNovember, both stores received the supply of 7,000 units at Rs. 25.50 per unit. Sales made by both the stores on 24th of November are 9,800 units at Rs. 26.00 per unit individually”
Just provide your final answers in the given pattern. Avoid for providing details of formulas and calculations
Required:
Keeping in view the above situation answer the following questions:
(i) Profit earned by the store “M” during the month of November is Rs.__________.
(ii) Profit earned by the store “N” during the month of November is Rs.__________.
(iii) Value of Stock at the end of the month maintained by the store “M” is Rs.__________.
(iv) Value of Stock at the end of the month maintained by the store “N” is Rs.__________.
Just provide your final answers in the given pattern. Avoid for providing details of formulas and calculations
Solution::
(i) Profit earned by the store “M” during the month of November is Rs.16900
(ii)Profit earned by the store “N” during the month of November is Rs.9100
(iii)Value of Stock at the end of the month maintained by the store “M” is Rs.132600
(iv)Value of Stock at the end of the month maintained by the store “N” is Rs.124800
(ii)Profit earned by the store “N” during the month of November is Rs.9100
(iii)Value of Stock at the end of the month maintained by the store “M” is Rs.132600
(iv)Value of Stock at the end of the month maintained by the store “N” is Rs.124800
MGT402 - Cost & Management Accounting - Fall 2011 - GDBs
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