VUNEW - SYED FAISAL BUKHARI: April 2010

Friday, April 30, 2010

MGT402 Ass Sol

China Toys Manufacturing Company Ltd.,

Cost of Goods Manufactured and Sold Statement.

For the period ended on 31^st Dec, 2009

Particulars	Rs.	Rs.
Direct Material
Opening Material	8000
+Material Purchased	+90000
Material Available for use	98000
-Closing Inventory	-43000
Material Consumed	55000
+Direct Labour	+35000
Prime Cost 60% of C.G.M (W-3)		90000
+FOH 30% of the Conversion (W-2)		+15000
Total Factory Cost		105000
+Opening Work in Process		+70000
Cost of Goods to be Manufactured		175000
-Closing Work in Process		-25000
Cost of Goods Manufactured		150000
+Opening Finished Goods		+50000
Cost of Goods Available for Sale		200000
-Closing Finished Goods		-48800
Cost of Goods Sold (W-1)		151200

China Toys Manufacturing Company Ltd.,

Income Statement.

For the period ended on 31^st Dec, 2009

Particulars	Rs.	Rs.
Sale		218800
-Sales Return		-28000
Net Sale		216000
-Cost of Goods Sold		-151200
Gross Profit		64800
-Selling and Administration Expenses
Selling Expenses 5% of Net Sale (W-4)	10800
-Administration Expenses 8% of Net Sale (W-5)	17280	28080
Operating Profit		36720
-Financial Expenses		-600
Net Profit		36120

(W-1)

Net Sale = 218800-2800 = 216000

Net Sale = Cost of Gods Sold+ Gross Profit

216000= Cost of Goods Sold+30% of Sale

216000= Cost of Goods Sold+30% of 216000

216000= Cost of Goods Sold+64800

216000-64800 = Cost of Goods Sold

151200 = Cost of Goods Sold

(W-2) Reverse Calculation:-

Conversion Cost = Direct Labour + Factory Over Head

Conversion Cost =70%+30%

Conversion Cost =70%35000+30% of Conversion Cost

Total Conversion Cost = 35000*100/70

Total Conversion Cost 35000*100/70

Total Conversion Cost = 50000

Factory Overhead = 30%of 50000

Factory Overhead = 50000*30/100

Factory Overhead = 15000

Working.3:

Ending Finished Goods Inventory=?

Ending Finished Goods Inventory=

Cost of goods available for sale-Cost of Goods Sold

Ending Finished Goods Inventory= Rs.200,000-Rs.151,200

Ending Finished Goods Inventory=Rs.48800

Working.4:

Cost of Goods Manufactured=?

Cost of Goods Manufactured= Cost of goods available for sale-Opening Finished Goods Inventory

Cost of Goods Manufactured= Rs.200,000-Rs.50,000

Cost of Goods Manufactured= Rs.150,000

Working.5:

Prime Cost=?

In the given statement of Question there is Prime cost (60% of Cost of Goods Manufactured)

SO,

Prime Cost= Rs.150,000*60%

Prime Cost= Rs. 90,000

Working.6:

Total Current Factory Cost=?

Total Current Factory Cost=

Prime Cost +Factory Over Head Cost

Total Current Factory Cost= Rs.90,000+Rs.15,000

Total Current Factory Cost= Rs.105,000

Working.7:

Cost Of Goods to be Manufactured=?

Cost Of Goods to be Manufactured=

Total Current Factory Cost+ Opening Work in Process Inventory

Cost Of Goods to be Manufactured= Rs.105,000+Rs.70,000

Cost Of Goods to be Manufactured= Rs.175,000

Working.8:

Ending Work in Process Inventory=?

Ending Work in Process Inventory=

Cost Of Goods to be Manufactured-Cost Of Goods Manufactured

Ending Work in Process Inventory=Rs.175000-Rs.150,000

Ending Work in Process Inventory= Rs. 25,000

Working.9:

Direct Material used=?

Direct Material used= Prime Cost - Direct Labor

Direct Material used= Rs.90,000 – Rs.35,000

Direct Material used= Rs.55,000

Working.10:

Material Closing Inventory=?

Material Closing Inventory=

Material available for use – Total material used

Material Closing Inventory= Rs.98,000 – Rs55,00

Material Closing Inventory= Rs.43,000

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CS302 Ass Sol

Shared by BC080200800 M.AAMIR

CS302- Digital Logic Design

Assignment # 1

Spring 2010

Question_1: [marks: 4]

Convert each decimal fraction to binary using repeated-multiplication-by-2:

0.98

0.98 .98*2=1.96 .96*2=1.92 .92*2=1.84 .84*2=1.68 .68*2= 1.36 .36*2=0.72 .72*2=1.44 .44*2=0.88 .88*2=1.76 .76*2=1.52 .52*2=1.04 .04*2=0.08 .08*2=.16

keep going and you finally get
.11111010111000010100011

0.60

60 .6*2=1.2 .2*2=0.4 .4*2=0.8 .8*2=1.6 this is a repeating decimal .10011001100110011000.60

Question_2: [marks: 6]

Express each decimal number as an 8-bit number in the 2's complement form:

+10
+10 10/2=5 rem 0 5/2=2 rem 1 2/2= 1 rem 0 1/2 = 0 rem 1 = 1010 make 8 bits 00001010

-125

-125 125/2=62 rem 1 62/2=31 rem 0 31/2 = 15 rem 1 15/2=7 rem 1 7/2=3 rem 1 3/2=1rem 1 1/2 = 0 rem 1 = 1111101 make 8 bits 01111101 change to negative

                                   flip bits                    10000010
                                  add 1                         +1
                                                                  10000011

Question_3: [marks: 4]

Represent the following decimal numbers in BCD:

% no rem

2 919

2 459 1

2 229 1

2 114 1

2 57 0

2 28 1

2 14 0

2 7 0

2 3 1

2 1 1

So we get (1110010111)2=397 in BCD

Ans=397

% no rem

2 321

2 160 1

2 80 0

2 40 0

2 20 0

2 10 0

2 5 0

2 2 1

2 1 0

So we get (101000001)2= A1 in BCD

ANS; A1

Question_4: [marks: 4]

What is the highest decimal number that can be represented by each of the following numbers of binary digits (bits) ?

Digits No. Binary digits

two = 2 0010

five = 5 0101

nine= 9 1001

ten = 10 1010

So ten = 10 1010 is the highest no.

Question_5: [marks: 2]

Which input combination will produce logic 1 at the output of a 4-input NOR gate ?

The NOR gate is a digital logic gate that implements logical NOR - it behaves A HIGH output (1) results if both the inputs to the gate are LOW (0).. NOR is a functionally complete operation—combinations of NOR gates can be combined to generate any other logical function. By contrast, the OR operator is monotonic as it can only change LOW to HIGH but not vice versa.

IN PUTS OUT PUT

A B C D O/P

0 0 0 0 1

So we will get high 1 only when all inputs are zero.

Thursday, April 29, 2010

MGT401 GDB sol idea

Scenario

Sitara Textile is one of the renowned textile companies in Pakistan. It has a strong supply chain network of raw material since its establishment in order to fulfill its customers demand on time. ABC Co. one of the raw material suppliers of Sitara Textile is in short financing and need Rs. 500,000 to enhance its production facility. ABC Co. requests Sitara Textile to lend the required amount for the period of 3 years. Sitara Textile agrees and guaranteed ABC Co. the loan on certain basis for the said period.

Question
Your comments require in this regard whether Sitara Textile would disclose this financial information while preparing financial statements, which will publish later? Your answer must be confined in two to three lines.

Solution idea:-

Sitara Textile will disclose the information about the loan in financial statement which is given to ABC Co. Because there is no any negetive effect of disclosing the information of debt in financial statement it will increases the assets of the Sitara Textile and which increases the financial position of the Sitara Textile. And the supply chain network of raw material will also become more strong.

MGT502 Ass Sol

Q.1: As CEO of the “Softronix” what reasons do you see for the poor performance in Japan?

ANSWER:-1

Reasons for poor performance in Japan:-

Cultural characteristics difference between several dimensions and aspects; the ability to perceive them and to cope with them is one of the bases of intercultural competence. In Japan “Collectivism and Individualism” dimensions of cultural difference decrease the performance in Softronix. In every culture the preferences and habits of people are different and they have also different habits & styles of work.

So the basic & main reason for the poor performance in Japan is that the people in Japan are not willing to work individually. If we are unwilling to do any task than we can’t get the positive results.

And In Japan people tend to work in collectively in teams. So when Mr. Ahmad gave work individually the can’t get positive results because of “Cultural Differences”

.

Q.2: Keeping in view the GLOBE framework for assessing the cultures, what other considerations should Mr. Ahmad look at in order to assess the two totally different cultures?

(10)

ANSWER:-2

Other consideration to assess the two totally different cultures for assessment of intercultural competence as an existing ability and / or the potential to develop it (with conditions and timeframe),

the following characteristics are tested and observed: ambiguity tolerance, openness to contacts, flexibility in behavior, emotional stability, motivation to perform, empathy, met communicative competence, polycentrism.

In every culture the preferences and habits of people are different and they have also different habits & styles of work.

So same styles in two different cultures or regions can’t gives in positive results.

He should look that the choices of Japanese whether they like to work separately or in a group, give them full liberty to work with their own style.

MGT502 Sol idea

Q.1: As CEO of the “Softronix” what reasons do you see for the poor performance in Japan?

Answer: As CEO one of the most visible reasons I see is that Mr. Ahmed although a successful CEO in America failed because he could not understand cultural differences. Individualism is cherished in west but in east collectivism is followed and practiced. Thus when Mr. Ahmed ignored it he was at fault and every body suffered. This resulted in poor performance. Another reason was poor communication as people instead of discussing the problem started to leave the company. Also CEO did not tried to make an effort to make a fresh start but he went to use his past experience as a recipe to success.

Q.2: Keeping in view the GLOBE framework for assessing the cultures, what other considerations should Mr. Ahmad look at in order to assess the two totally different cultures?

Answer:

In-group collectivism: The extent to which society’s members take pride in membership in small groups such as their families and circles of close friends, and the organizations where they are employed. Performance orientation: The degree to which society encourages and rewards group members for performance improvement and excellence Humane orientation: The degree to which a society encourages and rewards individuals for being fair, altruistic, generous, caring, and kind to others Assertiveness: The extent to which a society encourages people to be tough, confrontational, assertive, and competitive versus modest and tender. I think Mr. Ahmed should look in to these points so that he can better understand the two different cultures. He has been relying on his experience but he has to focus on the issues as they happen. Like in America people do not mind confrontation but in

Japan

people are polite and they quit instead of saying no and arguing.

Here is some material which will help you to solve your assignment question.
Groups, societies, or cultures have values that are largely shared by their members. The values identify those objects, conditions or characteristics that members of the society consider important; that is, valuable. In the

United States

, for example, values might include material comfort, wealth, competition, individualism or religiosity . The values of a society can often be identified by noting which people receive honor or respect. In the US, for example, professional athletes at the top levels in some sports are honored (in the form of monetary payment) more than college professors. Surveys show that voters in the United States would be reluctant to elect an atheist as a president, suggesting that belief in God is a value. There is a difference between values clarification and cognitive moral education. Values clarification is, "helping people clarify what their lives are for and what is worth working for. Students are encouraged to define their own values and understand others' values."[1] Cognitive moral education is based on the belief that students should learn to value things like democracy and justice as their moral reasoning develops."[1]

Values are related to the norms of a culture, but they are more general and abstract than norms. Norms are rules for behavior in specific situations, while values identify what should be judged as good or evil. Flying the national flag on a holiday is a norm, but it reflects the value of patriotism. Wearing dark clothing and appearing solemn are normative behaviors at a funeral. They reflect the values of respect and support of friends and family. Different cultures reflect different values. "Over the last three decades, traditional-age college students have shown an increased interest in personal well-being and a decreased interest in the welfare of others."[1] Values seemed to have changed, affecting the beliefs, and attitudes of college students.

Members take part in a culture even if each member's personal values do not entirely agree with some of the normative values sanctioned in the culture. This reflects an individual's ability to synthesize and extract aspects valuable to them from the multiple subcultures they belong to.

STA630 Quiz # 1

Question # 1 of 15 ( Start time: 01:38:42 PM ) Total Marks: 1

According to Empiricism, which of the following is the ultimate source of all our concepts and knowledge?

Select correct option:

Perceptions

Theory

Sensory experience

Logics and arguments

Question # 2 of 15 ( Start time: 01:40:02 PM ) Total Marks: 1

The organization of concepts in sequence from the most concrete and individual to the most general indicates is:

Select correct option:

One that bears no relation to the underlying concept.

An abstract, theoretical definition of a concept.

The degree of abstraction

An operational definition

Question # 3 of 15 ( Start time: 01:41:06 PM ) Total Marks: 1

The facts that should be collected to measure a variable, depend upon the

Select correct option:

Conceptual understanding

Dictionary meaning

Operational definition

All of the above

Question # 4 of 15 ( Start time: 01:42:22 PM ) Total Marks: 1

Which of the following is not a concept?

Select correct option:

Leadership

Total Quality Management

Human Resource Management

Question # 5 of 15 ( Start time: 01:43:28 PM ) Total Marks: 1

Which one of the following is not an assumption of science?

Select correct option:

There are reoccurring patterns in the world.

Events happen because of preceding causes.

We can discover solutions to problems of interest.

Theoretical explanations must agree with common sense.

Question # 6 of 15 ( Start time: 01:44:39 PM ) Total Marks: 1

What research is?

Select correct option:

A lab experiment

A report

A systematic Enquiry

A procedure

Question # 7 of 15 ( Start time: 01:45:22 PM ) Total Marks: 1

The independent variable is;

Select correct option:

The variable manipulated in order to observe its effects

The variable that is measured

The free spirited variable

A confounding variable

Question # 8 of 15 ( Start time: 01:46:07 PM ) Total Marks: 1

Which of the following steps of the scientific method is exemplified by the researcher reviewing the literature and focusing on a specific problem that has yet to be resolved?

Select correct option:

Identify a topic.

Describe the procedures to collect information.

Analyze the collected information.

State the results of the data analysis.

Question # 9 of 15 ( Start time: 01:47:26 PM ) Total Marks: 1

To explain, predict, and/or control phenomena are the goal of----------------------

Select correct option:

Tradition

Inductive logic

Deductive logic

The scientific method

Question # 10 of 15 ( Start time: 01:48:21 PM ) Total Marks: 1

A variable is:

Select correct option:

Any characteristic of interest that can take on more than one value

Defined as the groups manipulated in experimental research

The complete set of scores we use in statistical analysis

Completely specified only in observational research

Question # 11 of 15 ( Start time: 01:49:48 PM ) Total Marks: 1

When we say that science is parsimonious, we mean that:

Select correct option:

Scientific theories are based on laws.

We must be careful because causes can occur after specific effects.

The best scientific theories are those that offer the simplest explanations for a law.

Science accurately describes a wide range of behavior.

Question # 12 of 15 ( Start time: 01:50:45 PM ) Total Marks: 1

If a researcher is studying the effect of using laptops in his classroom to ascertain their merit and worth, he is likely conducting which type of research?

Select correct option:

Basic

Applied

Evaluation

Experimental

Question # 13 of 15 ( Start time: 01:51:32 PM ) Total Marks: 1

To say that a theory is falsifiable is to say that;

Select correct option:

It is based on results that are not replicable.

Investigators have replaced it with a simpler or more accurate theory.

We can imagine results that would contradict it.

It is so vague that it fits any and all possible results.

Question # 14 of 15 ( Start time: 01:52:05 PM ) Total Marks: 1

The following journal article would be an example of _____ research; "The benefits of florescent lighting on production in a factory setting."

Select correct option:

Applied

Interview

Basic

Stupid

Question # 15 of 15 ( Start time: 01:53:29 PM ) Total Marks: 1

Which of the following is not a function of clearly identified research questions?

Select correct option:

They guide your literature search.

They keep you focused throughout the data collection period.

They make the scope of your research as wide as possible.

They are linked together to help you construct a coherent argument.