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Wednesday, April 11, 2012

::: vuaskari.com ::: MGT402 Assignment Solution

shared by a student:

1. Total Mfg Cost = 77,625 (R. Mat = 17,550 + Labour = 44,550 + FOH
applied = 15,525)
2. Period Cost = 4,331.75
3. Gross Profit = 11,935
4. Net Profit = 3003.75
5. Over applied FOH = 5,125
6. Using Net Profit Method the adjusted Net Profit will be 8,128.75. 

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