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mgt402 midterm papers 2017
mgt402 midterm papers 2017
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mgt402 midterm papers solved
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mgt402 midterm solved past papers
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mgt402 midterm papers 2017
mgt402 midterm past paper 1 2017
Today my Mgt 402 midterm paper 10-06-17
Mcqz was very easy and mostly from handouts, only two was mathematical types out of18.
Disruptive question was as fallows.
1-How would you differentiate period cost and product cost explain with examples each.
2- How we calculate labor turnover rate under Flux Method.?
3-Explain the difference between
Direct material and indirect material
Direct labor and indirect labor
Step fixed cost and semi variable cost
4-Brefilly explain “Halsey Premium Plan”
5- Distinguish between job order costing and product costing.
mgt402 midterm past paper 2 2013
- FOH calculations
- find out value of closing finished goods inventory
- diff b/w salaries and wages
- Labor cost
Job order costing question- components of payroll
- Rowan premium wage plan
- Quantity schedule
- LIFO method
- diff bw job order costing and process costing system
job order costing (5)- Rowan premium Plan (5)
- payroll components (3)
- find out COGS of periodic inventory system through FIFO (3)
- estimated FOH Find out / OAR (3)
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1- What do you think in case of process costing is based on customers' specific order. Explain your answer, yes or no. (3 Marks)
2- which IAS deals with inventory valuation, n why this IAS does not recommend LIFO method. (3 Marks)
3- Calculations of Labor turnover Ratio... (3 Marks)
4- Job , (5 marks)
5- Halsey premium plan: calculation of gross wages and effective rate... (5 Marks)
mgt402 midterm past paper 4 2013
Total Questions: 27
Total MCQs of 1 Mark: 22
Total Short Subjective Question of 3 Marks:3
Total Short Subjective Question of 5 Marks:2
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)
mgt402 midterm past paper 5 2017
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