Here are the answers as per my solution:
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.
Can anyone please confirm their answers with me. Feel free to email me.
Best Regards,
Arif Ali
VU - Semester 3
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eidgha gujrat

From: mc100403539 Muhammad Waqas Bhatti <mc100...@vu.edu.pk>
To: vu...@googlegroups.com
Sent: Thursday, April 12, 2012 5:27 AM
Subject: Re: [ vuZs.net ] MGT402 Assignment Solution
---------- Forwarded message ----------
From: mc090405664 Misbah Khalid <mc090...@vu.edu.pk>
Date: Fri, 13 Apr 2012 12:16:56 +0500
Subject: Re: [ vuZs.net ] MGT402 Assignment Solution
`*.¸.*
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(¸.•´ (¸.•´ (¸.•¨¯`•
`*.¸.* *̃̃̃̃♦*̃ Malik Qaiser Hussain * ̃̃̃̃♦*̃`*.¸.*
¸.•´¸.•*¨) ¸.•*¨)
(¸.•´ (¸.•´`*.¸.*(¸.•¨¯`•
Please note that Period cost is all other than production cost, so the
correct period cost is 8,931.25 (Selling Exp 4331.25 + Admin Exp
4,600).
Sorry for inconvenience.
Thanks,
Arif
On Fri, Apr 13, 2012 at 3:07 PM, ASIF HUSSAIN <asifhus...@gmail.com> wrote: