ASSIGNMENT ON ACC 415-MANAGEMENT ACCOUNTING 1 FOR PART TIME

                         PATRIOT ODUNARO BABATUNDE JIMOH (08038454008)

                               "IN ALL YOUR GETTING GET WISDOM". 

NOTICE: STUDENTS DON`T COPY YOURSELVES, JUST BE YOURSELF. IT IS WELL WITH OUR SOUL ALLAHUMO KUNFAYAKUN AMIN.

TO WHOM: 

* HND BUSINESS ADMINISTRATION (PART TIME)

For Brain Development visit:
https://britstutors.blogspot.com/search?q=brain


REVIEW QUESTION , CLICK
https://britstutors.blogspot.com/2020/02/assignment-of-acc-415-management.html 

ASSIGNMENT

Brits Nigeria Limited manufactures local bread, using two chemical pounds Mang and Dang. The standard materials usage and cost of unit of bread are as follows:

                                                N

Mang 6kg @ N3 per kg          18

Dang 12kg @ N4 per kg         48

                                                66

At particular period, 100 units of bread were produced from 700kg of Mang and 1,140kg of Dang.

Required:

Calculate the materials usage, mix and yield variances.

 
BEST OF LUCK! 

ASSIGNMENT ON ACC 212-COST ACCOUNTING 1 FOR BOTH FULL TIME AND PART TIME

                         PATRIOT ODUNARO BABATUNDE JIMOH (08038454008)

                               "IN ALL YOUR GETTING GET WISDOM". 

NOTICE: STUDENTS DON`T COPY YOURSELVES, JUST BE YOURSELF. IT IS WELL WITH OUR SOUL ALLAHUMO KUNFAYAKUN AMIN.

TO WHOM: 

* PRE-HND ACCOUNTANCY DEPARTMENT (PART TIME)

* PRE-HND BUSINESS ADMINISTRATION (PART TIME)

* ND ACCOUNTANCY DEPARTMENT (FULL TIME AND PART TIME)

* ND BUSINESS ADMINISTRATION (FULL TIME AND PART TIME)

REVIEW QUESTIONS, VISIT:
https://britstutors.blogspot.com/2020/02/assignment-of-acc-212-cost-accounting-1_16.html 

https://britstutors.blogspot.com/2020/02/assignment-of-acc-212-cost-accounting-1_8.html 

https://britstutors.blogspot.com/2020/02/assignment-of-acc-212-cost-accounting-1_2.html 

For Brain Development visit:
https://britstutors.blogspot.com/search?q=brain



ASSIGNMENT

(a) Write short note on the following methods of stock valuation:

i. First In First Out (FIFO)      ii. Last In First Out (LIFO)      iii. Weighted Average Method     
iv. Simple Average Method

(b) The following information relates to Foyegbe Manufacturing Limited from July 1 to 31^st December, 2019.

Date	Quantity	Cost (N)
Receipts: July 5 August 1 September 3 October 4 December 7	200 400 600 400 500	720,000 1,520,000 2,400,000 1,400,000 1,400,000
Sales: August 2 October 12 December 12	500 600 400	2,500,000 2,700,000 1,500,000

Required: Calculate the cost of the product issued during the period and the value on hard on 31^st December, 2019 using:

(a)  Last In First Out (LIFO)     

(b) First In First Out (FIFO) 
(c) Simple Average
(d) Weighted Average

 GOOD LUCK! 

A MESSAGE FOR OUR EDUCATION SYSTEM

LISTEN CAREFULLY TO THIS VIDEO, CLICK AND ENJOY EVERY BIT OF THE VIDEO.
IT IS WELL WITH OUR SOUL ALLAHUMO AMIN KUNFAYAKUN!

                       PATRIOT ODUNARO BABATUNDE JIMOH (08038454008)

ASSIGNMENT ON ACC 111-PRINCIPLES OF ACCOUNTING 1 FOR BOTH FULL TIME AND PART TIME

                         PATRIOT ODUNARO BABATUNDE JIMOH (08038454008)

                               "IN ALL YOUR GETTING GET WISDOM". 

NOTICE: STUDENTS DON`T COPY YOURSELVES, JUST BE YOURSELF. IT IS WELL WITH OUR SOUL ALLAHUMO KUNFAYAKUN AMIN.
click:
https://www.pinterest.com/pin/559642691193605007/ 

FOR YOUR MENTAL HEALTH VISIT:

https://britstutors.blogspot.com/2020/02/development-of-your-mental-faculty.html 

REVIEW QUESTIONS VISIT:

https://britstutors.blogspot.com/2020/02/assignment-of-acc-111-principles-of.html 

ASSIGNMENT
1.   The following information has been given to you about factory plant and machinery of

Aiyefele Nigeria Limited.

Cost                             N50 million

Scrap value                  N250,000

Useful life                   5years

You are required to calculate the annual depreciation charges for each year using Straight Line Method

2.  Supposing the information in question 1 above  remain the same and scrap value is excluded.

Calculate the annual depreciation charges of Aseye Nigeria Limited for each year using Straight Line Method if the rate of     depreciation is 15%.

3. Calculate the cost of fixed asset for Feyikogbon Nigeria Limited if:

Depreciation     N7.5 million

Scrap Value   N0.25 million

Useful Life   5 years

TO WHOM:

* ND ACCOUNTANCY DEPARTMENT AND COMPUTER SCIENCE (FULL TIME AND PART TIME)

GOOD LUCK!

...................................................................................................................................................................................................................................................................................................................................................................................................

ASSIGNMENT

1. The following information has been given to you about factory plant and machinery of

Aiyegbajeje Nigeria Limited.

Cost                             N25 million

Scrap value                  N1,250,000

Useful life                   5years

You are required to calculate the annual depreciation charges for each year using Straight Line Method.

2.  Supposing the information in question 1 above  remain the same and scrap value is excluded.

Calculate the annual depreciation charges of Aseye Nigeria Limited for each year using Straight Line Method if the rate of     depreciation is 15%.

3. Calculate the cost of fixed asset for Feyikogbon Nigeria Limited if:

Depreciation     N3. 75 million

Scrap Value   N1.25 million

Useful Life   5 years

TO WHOM:

* ND BUSINESS ADMINISTRATION AND OFFICE TECHNOLOGY & MANAGEMENT DEPARTMENT (FULL TIME AND PART TIME)

GOOD LUCK!