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ASSIGNMENT NO:1 MGT402
VIRTUAL UNIVERSITY OF PAKISTAN
ASSIGNMENT NO. 1
MGT402
NAME: SAFOORA
TARIQ
ID: bc190201199
SOLUTION:
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ASSIGNMENT NO:1 MGT402
VIRTUAL UNIVERSITY OF PAKISTAN
January
February
March
sales
1200
1400
1550
opening
1500
1400
1300
closing
1400
1300
1700
Production
1100
1300
1950
If we decrease the January 1 inventory by 500 units the effect is shown as under:
January
February
March
sales
1200
1400
1550
opening
1000
1400
1300
closing
1400
1300
1700
Production
1600
1300
1950
Answer No 1
The Production of January will be increased by 500 units if we decrease the January 1 inventory by
500 units and vice versa
January
February
March
sales
1200
1400
1550
opening
1500
1400
1300
closing
1400
1300
1700
Production
1100
1300
1950
January
February
March
sales
1200
1400
1550
opening
1000
1400
1300
closing
1400
1300
1700
Production
1600
1300
1950
Answer 2
The Production of January will be increased by 500 units if we decrease the January 31 inventory by
500 units
Answer 3
Production Budget and Cost of Production Budget in net total of master budget
Answer 4
Direct Material Cost Budget for month of February
sales
1400
opening
1000
closing
1300
Production
1700
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ASSIGNMENT NO:1 MGT402
VIRTUAL UNIVERSITY OF PAKISTAN
Rupees
Material A
20400
Material B
34000
Material C
17000
Total Cost
71400
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Unformatted Attachment Preview

ASSIGNMENT NO:1 MGT402 ASSIGNMENT NO. 1 MGT402 NAME: SAFOORA TARIQ ID: bc190201199 SOLUTION: VIRTUAL UNIVERSITY OF PAKISTAN ASSIGNMENT NO:1 sales opening closing Production MGT402 January February March 1200 1400 1550 1500 1400 1300 1400 1300 1700 1100 1300 1950 If we decrease the January 1 inventory by 500 units the effect is shown as under: January February March sales 1200 1400 1550 opening 1000 1400 1300 closing 1400 1300 1700 Production 1600 1300 1950 Answer No 1 The Production of January will be increased by 500 units if we decrease the January 1 inventory by 500 units and vice versa sales opening closing Production January February March 1200 1400 1550 1500 1400 1300 1400 1300 1700 1100 1300 1950 sales opening closing Production January February March 1200 1400 1550 1000 1400 1300 1400 1300 1700 1600 1300 1950 Answer 2 The Production of January will be increased by 500 units if we decrease the January 31 inventory by 500 units Answer 3 Production Budget and Cost of Production Budget in net total of master budget Answer 4 Direct Material Cost Budget for month of February sales 1400 opening 1000 closing 1300 Production 1700 VIRTUAL UNIVERSITY OF PAKISTAN ASSIGNMENT NO:1 Material A Material B Material C Total Cost MGT402 Rupees 20400 34000 17000 71400 ---------------------------------- VIRTUAL UNIVERSITY OF PAKISTAN Name: Description: ...
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