Blog: MGT402 Finalterm Current Paper 2013 File 3

Dear friends todays mgt402 paper
total questions 60
54 mcqs mostly new and very tricky ones
3 questions of 3 marks each and 3 questions of 5 marks
subjective questions are as follows
Q:-Prepare labor cost budget for the month of jan, feb and march budgeted units for jan 900, feb 2100 and march 3350. it takes 3 hrs to complete one unit and labor rate is  Rs.3.1/hr
Q: Prepare administrative budget ( data was given)
Q: Sales 600,000 markup 20% of cost of goods sold find cogs and profit margin
Q: Find eq units using fifo method and unit cost ( data was given)
Q: Bazar Company is a small family business that produces wooden plaques and
Trophies:                                                                 

	Plaques (Rs.)	Trophies (Rs.)
Selling price per unit	18	15
Les: Variable cost per unit	12	8
Contribution margin per unit	6	7
Contribution margin ratio	33%	47%

In producing the items the primary bottleneck is due to the fact the company only has one machine, a sander, to sand the wood that is used for the plaques or the trophies. Generally, the wood required for each plaque takes 0.25 hour to sand, while the word required for each trophy takes 0.50 hour to sand. Based on the constraint related to the machine time, which product should be emphasized if only limited machine time is available?

Q: Liberty Pizzas delivers their product to the housing societies near Gulberg. The company's annual fixed costs are Rs. 400,000. The sales price of a normal size pizza is Rs. 100 and the cost to make and deliver each pizza is Rs. 60.
You are required to calculate the following:

1. 1.    Break even sales per unit.
2. How many Pizzas the company must be sold in order to earn a profit of Rs. 650,000

plz pray for me, regards