Share:
Notifications
Clear all

[Solved] MGT401 Assignment 1 Fall 2020


emankhan636
(@emankhan636)
Active Member
Joined: 1 year ago
Posts: 14
Topic starter  
MGT401 Financial Accounting II
Assignment #01
Due date 8th December, 2020 Marks: 10

Question # 01

From the following information of a company you are required to calculate the NRV of the inventory and answer the questions mentioned in requirement.

  • Partially completed inventory item at the year end.
  • Expected selling price of the item when completed is Rs. 2,600.
  • A further cost of Rs. 500 is required to complete the item
  • Expected selling cost of the item is Rs. 100

Required:

1. What will be the carrying value of the inventory item if the cost incurred to date is Rs. 1,000?
2. What will be the carrying value of the inventory item if the cost incurred to date is Rs. 4,500?

Question # 2

Keeping in mind the disclosure requirements of IAS 02, you are required to enlist the methods of stock valuation.

 

Need Assignment Solution MGT401 Fall 2020

admin liked
Quote
admin
(@admin)
Admin
Joined: 3 years ago
Posts: 6610
 

MGT401 Assignment 1 Fall 2020 Solution:

@emankhan636

 

 

Download attachment for MGT401 assignemnt 1 solution file.


ReplyQuote
Share: