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MGT 402 Assignment Complete Solution -2018 |PakPoint1




ABC Company

On January 1st,

Material Ledger Card (FIFO)




Date
Purchase unit
Issue Unit
Inventory Unit
Unit
Unit
Cost
Total
Unit
Unit
Cost
Total
Unit
Unit
Cost
Total
ADD









1st  January
215
45
9675



215
45
9675
5th
January
900
59
53100



900
59
53100
Total
1115

62775






SUBTRACT









9th January



215
435
45
435
9675
435



11th
January



150
59
8850
150
59
8850
27th January



80
59
4720
80
59
4720
Total



880

48910



SUBTRACT
Purchase -- Issue



235
NIL
13875
1345
NIL
76345

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