UofK MBA 2012 - Home

Following is the list of students who successfully passed the entry english exam for MBA 2013

Registration for Semester One starts 6/1/2013, the semester starts on 26/1/2013

No

Name

 

No

Name

1

Abdallah Abbas Abdallah

 

107

Merghani Bilal Osman

2

Abdallah Alkhidir Abdelrahim

 

108

Mhamed Abdallah Abdelghaffar

3

Abdelazim Mohamed Yousif

 

109

Moaz Izzeldin Abdallah

4

Abdelaziz Babiker Hamid

 

110

Mohamed Abdallah Sidahmed

5

Abdelgadir Alhadi Mohamed

 

111

Mohamed Abdelhafiz Hassan

6

Abdelgadir Yousif Tibin

 

112

Mohamed Abdlemonim Mohamed

7

Abdelmajid Idris Hassan

 

113

Mohamed Adam Abdelrahman

8

Abdelrahim Mohamed Abdelrahim

 

114

Mohamed Ahmed Awad

9

Abelbagi Mustafa Abdallah

 

115

Mohamed Ahmed Mohamed

10

Abelrahman Alrashid Abdelrahman

 

116

Mohamed Alfatih Basheer

11

Abubakr Osman Alsheikh

 

117

Mohamed Alsafi Alawad

12

Abubakr Osman Mahjoub

 

118

Mohamed Alsharani Algaili

13

Abushara Ahmed Algailani

 

119

Mohamed Atigallah Abdelgadir

14

Adil Awadelkarim Osman

 

120

Mohamed Babiker Ibrahim

15

Afaf Mohamed Makki

 

121

Mohamed Basheer Ali

16

Ahmed Abdelaziz Mohamed

 

122

Mohamed Faiz Abbas

17

Ahmed Adam Ahmed

 

123

Mohamed Hassan Mohamed

18

Ahmed Ali Mohamed Almahi

 

124

Mohamed Hassan Mohamed Osman

19

Ahmed Asakir Aldaw

 

125

Mohamed Hassan Saadeldin

20

Ahmed Birair Ahmed Bashir

 

126

Mohamed Hussein Fadul

21

Ahmed Dafalaah Bakri

 

127

Mohamed Ibrahim Adam

22

Ahmed Faroug Ahmed

 

128

Mohamed Ibrahim Ahmed

23

Ahmed Mahjoub Gaffar

 

129

Mohamed Ibrahim Hassan

24

Ahmed Mohamed Ibrahim

 

130

Mohamed Khalil Ibrahim

25

Aisha Osman Merghani

 

131

Mohamed Omer Khalafallah

26

Alaeldin Ahmed Ibrahim

 

132

Mohamed Osman Alsir

27

Alaeldin Naji Badreldin

 

133

Mohamed Seifaldawla Ahmed

28

Alamin Mustafa Alfaki

 

134

Mohamed Siddig Alibeid

29

Alfadul Abdelaziz Osman

 

135

Mohamed Toum Ahmed

30

Algailani Alsheikh Algailani

 

136

Mohamed Yahia Salim

31

Ali Abdelrahman Ali

 

137

Mohamed Yousif Makki

32

Ali Alrayah Osman

 

138

Momin Ismail Hassan

33

Ali Amir Alzein

 

139

Muhab Imad Ahmed

34

Ali Mohamed Alamir

 

140

Muhana Mohamed Hamza

35

Alia Amir Alzein

 

141

Mujtaba Suliman Ahmed

36

Alia Carlos Gabir

 

142

Muna Abdelraouf Mohamed

37

Alia Faiz Hussein

 

143

Muna Bashir Alhassan

38

Alibeid Dafallah Alibeid

 

144

Musab Gaffar Mohamed

39

Alkhidir Ahmed Alkhidir

 

145

Mustafa Abdalla Hassan

40

Almuzamil Alamir Hamid

 

146

Mustafa Mohamed Altalib

41

Alrufai Alamin Ahmed

 

147

Nada Abdelgadir Ibrahim

42

Alsadig Alkheir Nasr

 

148

Nada Alzein Kamaleldin

43

Alwaleed Mohamed Ahmed

 

149

Nada Mohamed Ali

44

Amal Mohamed Abdelrahman

 

150

Nada Salaheldin Mahgoub

45

Amal Mohamed Yousif

 

151

Nadia badawi Noureldaim

46

Amani Hassan Osman

 

152

Nadiua Fadulalmula Mohamed

47

Amani Mohamed Abdelrahman

 

153

Nahid Widaa Tambal

48

Anas Mohamed Alhafiz

 

154

Naila Salih Adam

49

Areej Faroug Azhari

 

155

Nashwa Mahjoub Ali

50

Arwa Badreldin Abdelrahman

 

156

Nasreen Abdelbasit Hussein

51

Asaad Abdelazim Mohamed

 

157

Nazik Osman Ahmed

52

Ashraf Hassan Atiya

 

158

Nuha Abdelhai Hamid

53

Asim Ahmed Abuelgasim

 

159

Nusaiba Abdallah Hassan

54

Asim Izzedlin Abdelrahman

 

160

Omer Ahmed Alkhalil

55

Awad Abdallah Alawad

 

161

Omer Alsir Hussein

56

Ayman Adam Baluh

 

162

Omer Hassan Khalil

57

Azlan Almamoun Ahmed

 

163

Osman Ahmed Abbakar

58

Azza Gaffar Altahir

 

164

Osman Bushra Abulhassan

59

Azza Hamid Abdelrahman

 

165

Raba Omer Rahmatallah

60

Bashair Nail Abdelrahman

 

166

Rafina Moiz Altigani

61

Beidbang Josef

 

167

Randa Abdelrahman Mohamed

62

Dafallah Mustafa Alballa

 

168

Randa Abdelrazig Mohamed

63

Dalia Mohamed Sirri

 

169

Randa Gamaraldawla Ibrahim

64

Dina Omer Taha

 

170

Rania Mhamed Albasheer

65

Diya Aldin Mamoun

 

171

Rasha Ali Hassan

66

Fadi Abdelhadi Mohamed

 

172

Rasha Omer Siralkhatim

67

Farah Yousif Ali

 

173

Rayan Adam Mousa

68

Fatima Suliman Idris

 

174

Razan Rashid Abdelrahim

69

Hadeel Altigani Mohamed

 

175

Reem Abdelaziz Abdelrahman

70

Hajir Abdallah Ahmed

 

176

Reem Abdelraheem Abdelrahman

71

Hamad Tajelsir Mohamed

 

177

Reem Faisal Bushra

72

Hana Kamal Fadul

 

178

Rshad Abdelrahman Mohamed

73

Hana Mohamed Osman

 

179

Saad Aldin Khididr Widaa

74

Hana Motasim Khalil

 

180

Sabir Yousif Mohamed Kheir

75

Hanan Abdelhakam Alamin

 

181

Saddah Mohamed Ali

76

Hassan Alhideibi Ibrahim

 

182

Saha Omer Algoni

77

Hassan Alsamani Hassan

 

183

Salma Abdallah Mohamed

78

Hassan Mohamed Aljak

 

184

Salma Abdelhameed Ahmed

79

Hiba Abdelrahman Mohamed

 

185

Salma Babiker Makkawi

80

Hind Omer Khidir

 

186

Salma Ballah Idris

81

Hisham Alzein Abdallah

 

187

Samar Hassan Ali

82

Hisham Mohamed Osman

 

188

Samir Mohamed Bashir

83

Husam Abdelhaleem Awad

 

189

Sara Abdelrahman Haj Hassan

84

Husameldin Hashim Ahmed

 

190

Sara Altaif Khalifa

85

Huyida Khalid Omer

 

191

Shihab Abdelrahman Mohamed

86

Ihab Abdallah Mohamed

 

192

Suha Mohamed Omer

87

Ihab Abdelgadir Alfaki

 

193

Sulafa Ahmed Mohamed

88

Ihab Altayeb Yousif

 

194

Suliman Abdleazim Suliman

89

Ihab Mousa Mohamed

 

195

Suliman Mustafa Hamid

90

Ilyaza Alfatih Jamal

 

196

Sumaya Mohamed Ibrahim

91

Imadeldin Abdelsalam Alagib

 

197

Tarig Hassan Mohamed

92

Iman Ahmed Ali

 

198

Tarig Ibrahim Albadawi

93

Isam Mohamed Ahmed

 

199

Wail Awad Siralkhatim

94

Israa Abdelhafiz Abdelrazig

 

200

Wala Abdelkafi Mohamed

95

Kawthar Abdallah Abdelhafiz

 

201

Wala Amin Hassan Omer

96

Khalid Yousif Mousa

 

202

Wala Mohamed Khalid

97

Lamis Mohamed Omer

 

203

Wasan Mohamed Almahdi

98

Limya Abdelrahman Mohamed

 

204

Wijda Jubara Abdallah

99

Mafatin Ahmed Mursi

 

205

Yasir Alfadil Bashir

100

Mahmoud Abdelmoim Mohamed

 

206

Yousif Alghali Ahmed

101

Mahmoud Adam Mahmoud Jouda

 

207

Yousif Rabih Mohamed

102

Mai Kamaleldin Aziz

 

208

Yousif Siddig Yousif

103

Mai Mahdi Hassan

 

209

Zakaria Basheer Hassan

104

Maisam Hamid Ali

 

210

Zeinab Alsir Alkhalifa

105

Mamoun Awad Ali

 

211

Ziyad Ali Ahmed

106

Mathani Yousif Hassan

 

212

Zuhair Anas Alagib

The timetable for Semester 1 & 2 Supp., Sub and Resit Exams is as follows:

Date

Semester 1

Sat 5/1

Orginaztional Behaviour

Sun 6/1

Fin. Accounting

Mon 7/1

Mgt. principles

Tue 8/1

Applied Mathematics

Wed 9/1

Economics Principles

Thu 10/1

Business Statistics

 

 

Date

Semester 2

Sat 12/1

Financial Management

Sun 13/1

Cost & Management Accounting

Mon 14/1

Managerial Economics

Tue 15/1

Management Problems & Policies

Wed 16/1

Marketing Management

Thu 17/1

Macro - Economics Theory

 Examination time: 5:00 to 8:00 pm

English exam results for MBA 2013 entry will be announced on the 24th December 2012

Good Luck :)

Financial Accounting 2012 Final Exam solution by Lubaba Omer


Download below in PDF format

Welcome to all new students

Attached below is an example English Language Test for MBA entry, the exam time is 3 hours

For 2013, the total number of candidates for MBA is 468, the exam will be held at 14/12/2012 10:00 am

Good luck

Assignment No 1

Sheet 3, Page 5, Example 2

Example 2

The following information is extracted from the accounts of Tata Ltd for the 2nd quarter of the year 2011 (in units only)

Month

April

May

June

Production

18,000

20,000

21,000

Sales

20,000

21,000

21,000

 

Additional information

  1. The closing stock of finished goods on 31 March was 6,000 units
  2. The variable cost of production per unit is SDG 58 made up as follows
    Direct material27
    Direct labour22
    Variable production overheads9
  3. Fixed production overheads are estimated at SDG 280,000 per month and are absorbed into the cost of production of the unit produced by a budgeted absorption rate calculated on the basis of the normal level of production of 20,000 units per month
  4. The selling price per unit is determined by adding a gross profit margin of 25% of the total cost of production per unit to that cost.

Required:

  1. Prepare a month by month and in total the profit and loss account for the 2nd quarter using:
  • .Absorption costing method
  • Marginal costing method
  1. Explain the difference between the two methods as to:
  • Closing stock valuation
  • The reported profit

Solution:

Absorption rate per unit = Fixed cost / Normal production = 280,000/20,000 = 14 SDG per unit

Production cost using full costing:

Direct material

27

Direct labour

22

Variable overheads

9

Fixed overheads

14

Total

72

 Production cost using marginal costing

Direct material

27

Direct labour

22

Variable overheads

9

Total

58

 

To calculate opening and closing stocks:

Month

April

May

June

Opening stock

6,000

4,000

3,000

Production

18,000

20,000

21,000

Total available

24,000

24,000

24,000

Sales

20,000

21,000

21,000

Closing stock

4,000

3,000

3,000

 

Selling price = total cost of production + 25%

                        = 72 + 18 = 90

Using full costing:

Particular

April

May

June

Total

Sales revenue x90

1,800,000

1,890,000

1,890,000

5,580,000

Total cost of sales

 

 

 

 

Opening stock

432,000

288,000

216,000

432,000

Production in month

 

 

 

 

Direct material x27

486,000

540,000

567,000

1,593,000

Direct labour x22

396,000

440,000

462,000

1,298,000

Variable OH x9

162,000

180,000

189,000

531,000

Fixed OH x14

252,000

280,000

294,000

826,000

Total cost of production

1,728,000

1,728,000

1,728,000

4,680,000

Closing stock

288,000

216,000

216,000

216,000

Cost of production of sales

1,440,000

1,512,000

1,512,000

4,464,000

Profit before adjustment

360,000

378,000

378,000

1,116,000

Under/over absorption

(28,000)

0

14,000

(14,000)

Profit after adjustment

332,000

378,000

392,000

1,102,000

 

Using marginal costing

Particular

April

May

June

Total

Sales revenue

1,800,000

1,890,000

1,890,000

5,580,000

Total cost of sales

 

 

 

 

Opening stock

348,000

232,000

174,000

348,000

Production in month

 

 

 

 

Direct material x27

486,000

540,000

567,000

1,593,000

Direct labour x22

396,000

440,000

462,000

1,298,000

Variable OH x9

162,000

180,000

189,000

531,000

Total variable cost

1,392,000

1,392,000

1,392,000

3,770,000

Closing stock

232,000

174,000

174,000

174,000

Variable Cost of production of sales

1,160,000

1,218,000

1,218,000

3,596,000

Contribution

640,000

672,000

672,000

1,984,000

Fixed cost

280,000

280,000

280,000

840,000

Profit

360,000

392,000

392,000

1,144,000

 

The difference in closing stock valuation = 216,000 – 174,000 = 42,000

The difference in reported profits = 1,144,000 – 1,102,000 = 42,000

This difference is attributed to the fixed overheads x units in the period

Opening stock – closing stock = 6,000 – 3,000 = 3,000

Fixed overheads per unit = 14

3,000 x 14 = 42,000 (which is the difference in profit and closing stock valuation)

Process Costing

Sheet 4, Page 7, Example 1

Example 1

The following information is extracted from the records of process 2 of Gama Ltd., a manufacturing company producing a product which passes through three production processes.

The stock of work in process on the 1st of April was 6000 units completed as to:

Cost element

Degree of completion

Cost SDG

Process 1 material

100%

166,800

Added material

70%

37,900

Labour

60%

76,200

Production overheads

40%

36,500

Total cost to date

 

317,400

 

During the month of April, 38,000 units were received in process 2 from process 1. These were valued at 1,064,000, the cost of material added in process 2 during April amounted to SDG 286,400, the labour amounted to SDG 747,600 and the production overheads amounted to SDG 540,000.

The closing stock of work in progress in process 2 on 30th April amounted to 8,000 units complete as to:

Cost element

Degree of completion

Process 2 material

100%

Added material

50%

Labour

40%

Production overheads

30%

 

Required:

Write up process 2 account on 30th April assuming that the company uses the first in first out method of production

Analysis:

From the example, at first of April:

  • Process 2 received 38,000 finished units from process 1
  • Process 1 ending WIP was 6,000 units
  • The total is 44,000 units

At the end of April:

  • Process 2 WIP was 8,000 units
  • Finished units must equal total units – WIP = 44,000 – 8,000 = 36,000 units transferred to Process 3

 

To calculate the total cost of units at end of process 2:

  • Add the cost of WIP from cost 1 = 317,400
  • Add the cost of the finished units from process 1 = 1,064,000
  • Add the costs of production during April for process 2 = 286,400 + 747,600 + 540,000
  • The total is 2,955,400

The total cost at the end of Process 2 = 2,955,400

But we need to calculate the cost of the finished 36,000 units to be transferred to Process 3 and the 8,000 WIP at the end of Process 2

To achieve that, we have to know how the cost amounts from process 1 and 2 are allocated to the units at the end of process 2

Solution Steps

  1. 1.Construct a statement of equivalent units
  2. 2.Construct a statement of cost per equivalent unit
  3. 3.Construct a statement of evaluation
  4. 4.Write the process account

1. Statement of equivalent units

As the company uses FIFO, then:

  • The 6,000 WIP from Process 1 are completed first (opening stock)
  • Then 30,000 from the 38,000 received are completed (Production during month)
  • The rest is 8,000 WIP at end of Process 2 (closing stock)

  

 

 

Process 1   material

Added material

Labour

Overheads

 

Units

%

Equiv

%

Equiv

%

Equiv

%

Equiv

Opening

6,000

0%

0

30%

1,800

40%

2,400

60%

3,600

Production in month

30,000

100%

30,000

100%

30,000

100%

30,000

100%

30,000

Total to be transferred

36,000

 

30,000

 

31,800

 

32,400

 

33,600

Closing stock

8,00

100%

8,000

50%

4,000

40%

3,200

30%

2,400

Total

44,000

 

38,000

 

35,800

 

35,600

 

36,000

 

For the opening stock (WIP = 6,000):

  • Nothing is needed from process 1 material, so equivalent = 0 (0% x 6,000 = 0)
  • 70% of added material is finished, so 30% is needed = 30% x 6,000 = 1,800
  • 60% of labour is finished, so 40% is needed = 40% x 6,000 = 2,400
  • 40% of overheads is finished, so 60% is needed = 60% x 6,000 = 3,600

Production in month (30,000) is fully utilizing the months cost as the units are fully produced (100%)

Opening stock + Production during month = units to be transferred to Process 3:

6,000 + 30,000 = 36,000

For the closing stock:

  • 100% from process 1 material is used, 100% x 8,000 = 8,000
  • 50% of added material is used = 50% x 8,000 = 4,000
  • 40% of labour is used = 40% x 8,000 = 3,200
  • 30% of overheads used = 30% x 8,000 = 2,400

The figure below shows the cost usages in red:

 

2. Construct a statement of cost per equivalent unit

To calculate the cost per equivalent unit we divide the cost during the month by the number of equivalent units

Cost element

Cost in April

Equivalent Units

Cost/Equiv.

Process 1 material

1,064,000

38,000

28

Added material

286,400

35,800

8

Labour

747,600

35,600

21

Production overheads

540,000

36,000

15

Total cost

2,638,000

 

72

 

 

3. Statement of evaluation

Cost = Equiv units x cost/equiv unit

 

Units

Process 1 material

Added material

Labour

Prod. Overhead

Total

Opening stock

6,000

166,800

37,900

76,200

36,500

317,400

Completion cost

0

 

14,400

50,400

54,000

118,800

 

6,000

166,800

52,300

126,600

90,500

436,200

 

 

 

 

 

 

 

Production

30,000

840,000

240,000

630,000

450,000

2,160,000

Transferred

36,000

1,006,800

292,300

756,600

540,500

2,596,200

 

 

 

 

 

 

 

Closing

8,000

224,000

32,000

67,200

36,000

359,200

Total

44,000

1,230,800

324,300

823,800

576,500

2,955,400

Opening stock figures are given in the example

Completion cost

  • Process 1 material = 0 x 28 = 0
  • Added material = 1,800 x 8 = 14,400
  • Labour = 2,400 x 21 = 50,400
  • Prod. Overheads = 3,600 x 15 = 54,000

Production:

  • Process 1 material = 30,000 x 28 = 840,000
  • Added material = 30,000 x 8 = 240,000
  • Labour = 30,000 x 21 = 630,000
  • Prod. Overheads = 30,000 x 15 = 450,000

Closing:

  • Process 1 material = 8,000 x 28 = 224,000
  • Added material = 4,000 x 8 = 32,000
  • Labour = 3,200 x 21 = 67,200
  • Prod. Overheads = 2,400 x 15 = 36,000

 

4. Write the process account

Process 2 account for the month of April:

 

Unit

Value

 

Unit

Value

Balance

6,000

317,400

Process 3 acc.

36,000

2,596,200

Process 1 acc.

38,000

1,064,000

 

 

 

Stores

 

286,400

 

 

 

Wages

 

747,600

 

 

 

Prod. OH

 

540,000

Balance of acc

8,000

359,200

 

44,000

2,955,400

 

44,000

2,955,400

 

Attached (Download link at the end) is a quiz for Financial Management chapters 5 to 9.
 
Solutions are at the end of the document
 
Happy reading :)


Example:

1) If prices are increasing at a 2% rate, what is the nominal return on an investment that is purchased for $1,300.00 and sold 1 year(s) later at $1,371.50 ?

   [ ] 5.25%

   [ ] 5.50%

   [ ] 5.75%

   [ ] 6.00%

   [ ] 6.25%

 

Hint: The necessary formula is Price(at year t)/Price(at year 0) = (1 + R)t

 

Solution:

Price(at year t)/Price(at year 0) = (1 + R)t

R = (Price(at year t)/Price(at year 0))1/t - 1

R = (1371.50/1300.00)1/1 - 1

R = 1.055 - 1

R = 0.055 = 5.50% (Answer = B)

Page 4 of 5

Login

« October 2019 »
Mon Tue Wed Thu Fri Sat Sun
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Who's Online

We have 37 guests and no members online