Economics, Accounting & Business: Post your doubts here!

[MnMz]

And Russel crowe. You forgot him!

Yea totally....my bad And her voice <3 and the song!! Can't wait

 

[WaleedUQ]

Rolling in the deep...

 

[redapple20]

Hi awllll! Are you ppl like studying!!!?????!!! did i miss anything here?

 

[Echelon94]

Hi awllll! Are you ppl like studying!!!?????!!! did i miss anything here?

I was trying to study
Saad Ghori was watching funny videos while trying to study
WaleedUQ was listening to songs & trying to distract us
MnMz was doin all of the above

 

[redapple20]

N im relaxing! Nobody told me manufacturing account mai profit ktna arha tha?

 

[redapple20]

Lo ik chez puri hui aur wo bhi galat! Wasnt it 63000?:/

 

[wajiman]

accounting ko choro, raat gai baat gai

 

[WaleedUQ]

nobody wants to remember it
I think $968,000-Carriage Outwards(I dont remember the figure)

factory profit was 905
gross profit minus expenses were 63
add factory profit minus increase in provision of unrealised profit 18
do the cal whats the ans

 

[wajiman]

factory profit was 905
gross profit minus expenses were 63
add factory profit minus increase in provision of unrealised profit 18
do the cal whats the ans

i was getting a net loss of $7,000 :S, this was the only question i double checked, and i did not minus provision of unrealised profit as any information regarding it was not given

 

[redapple20]

i was getting a net loss of $7,000 :S

 

[WaleedUQ]

i was getting a net loss of $7,000 :S, this was the only question i double checked, and i did not minus provision of unrealised profit as any information regarding it was not given

we have to create a account.
its a exam not a homework..
somethings you have to figure it out.
as the examiner stated that f.g were ranked on transfer prices.
Secondly what you have done is that you took fact overheads as office overheads
mistake!
i also did it but when rechecked my paper; found the error.
it was giving a loss of 7k yes u're right

 

[wajiman]

we have to create a account.
its a exam not a homework..
somethings you have to figure it out.
as the examiner stated that f.g were ranked on transfer prices.
Secondly what you have done is that you took fact overheads as office overheads
mistake!
i also did it but when rechecked my paper; found the error.
it was giving a loss of 7k yes u're right

if you are right, then i guess i lost a couple of marks in question 1 too and how to make the production budget asked in the paper, as no closing stock was given?

 

[WaleedUQ]

if you are right, then i guess i lost a couple of marks in question 1 too and how to make the production budget asked in the paper, as no closing stock was given?

the examiner said that opening stock was 200 and every month he reduces his stock by 20units MAXIMUM
which means closing stock was 180
then 160
140
and soo on

 

[WaleedUQ]

forget about P4 now, WaleedUQ you got any good (pharu) MCQs you could share with us from your notes or something?

Today i'll rest, i have to go store room search all the corners for papers
it'll take 2 hours like I have 4000 5000 sheets :\

 

[mimiswift]

BEST ECONOMICS PAPER EVER!!! GOSH I'M FINALLY RELIEVED....DONE WITH THE TWO MOST HARDEST PAPERS EVER!! =) =D

You don't take business?
Once that's done i will feel relieved!

 

[wwfrohitKILLER]

we all feel the same!
plus im a sis not a bro

Hahahaha Okay sis

 

[wwfrohitKILLER]

Wage and Investment , GDP !

I had done Wage rate and Economic Indicator. The question seem to be very easy and I had written the appropriate content.

 

[wwfrohitKILLER]

yes question was not asking about labour market imperfections
it was asking about wage differentials
which mere
Differential due to segmented labour market
product market structures ( dual hypothesis market )
discrimination
human capital
quality and requirement of jobs
define 4 of them with relevant diagrams
plus explanation of MRP theory
25marks

I had written about demand for labour , Derived demand, Supply of labour,MRP and a few more stuff.
I hope they're right!

 

[wwfrohitKILLER]

I know you guys will be enjoying your happy economics
Just need to tell you
ever year threshold is around 48marks !
No matter how sexy your paper went
you'll definitely loose marks
CAUSE
Examiner thinks that we have just graduated from LONDON SCHOOL OF ECONOMICS
and then he checks paper according to that caliber
got my point ?

Hahaha Yeah you're right dude. Very sad. All we can do is just pray to god

 

[redapple20]

the examiner said that opening stock was 200 and every month he reduces his stock by 20units MAXIMUM
which means closing stock was 180
then 160
140
and soo on

I made prod budget canceled it made a purchases!