[ vuZs.net ] MGT402 Assignment Solution

Dear Friends,

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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