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Tuesday, July 30, 2013

Job Fair 2013 by LCCI

2013 by LCCI



                                        

Tuesday, July 16, 2013

MS(CS) Spring 2013 Mid Term Result Announced


Published On:  Tuesday, July 16, 2013
Spring 2013 Mid Term Examination result of MS (CS) courses published. Students are advised to check their VULMS grade books.



                         

Thursday, July 11, 2013

CALL FOR PAPERS (10th European, Mediterranean & Middle Eastern Conference on Information Systems)


Published On:  Thursday, July 11, 2013
CALL FOR PAPERS

10th European, Mediterranean & Middle Eastern Conference on Information Systems (EMCIS2013)
Windsor, United Kingdom, 17 – 18 October, 2013
‘Transforming Societies: Managing the Change!’

Keynote Speakers:

Prof. Zahir IraniUK
Prof. Mustafa Ă–zbilginUK

CALL FOR CONTRIBUTIONS

European and Mediterranean Conference on Information Systems (EMCIS2013)
Annual Conference & Doctoral Consortium
Conference: Oct, 17-18, 2013
PhD Consortium: Oct 18, 2013
Venue: Beaumont Estate, WindsorBerkshireUK

Theme: ‘Transforming Societies: Managing the Change!’

Celebrating its 10th anniversary EMCIS committee and members are happy to invite you to attend its annual conference this year in WindsorUK.

The European, Mediterranean and Middle Eastern Conference on Information Systems (EMCIS) a grade (B) conference, is one of the premier conferences in Europe and Middle Eastern region covering technical, organizational, business and social issues in the application of Information Technology. EMCIS 2013 will host several themes across parallel tracks covering a diverse breadth of current issues. Accepted papers will be published in the online conference proceedings with an ISBN number available through the EMCIS conference website ensuring knowledge sharing across the wider research community.

The EMCIS conference committee takes this opportunity to extend an invitation to academics and practitioners in the field of IS and Business Management to submit your paper for its 10thanniversary conference held in Windsor,UK. The emphasis of the conference as usual is on high quality, theoretical and/or applied research relating IS to the different disciplines of social, corporate and academic services in the global economy, highlighting the importance of change management in these fast transforming societies.

Conference Tracks:

Sunday, July 7, 2013

Buying Guide: Things Look for When Buying a Laptop!


Buying a laptop
Laptop is becoming a thing of office commodity than rather a necessity and it is one of the most important things for professionals who need to be connected with people around them. The good news is that the computer industry of Pakistan has grown exponentially and we have more products and computers especially laptops than ever before.
With a large variety of laptops in the market buying the right one can be a tiring and daunting task. Before you start-off you should know what exactly you be looking for to keep yourself on the right track. Ok so to start with, keep these three simple rules in mind when you head to the market
Three Simple Rules of Buying a Laptop under a Budget:
  1. Design is Not Always the King – Don’t let design and shinny surface distract you.
  2. Never Ask Too Much – Buy what you need and not what you want.
  3. Save Some Money to Buy Laptop Accessories – It is always wise to save some money on a laptop to buy accessories such as laptop bag, cooling pad and optical mouse.
Here is What Exactly You Should Be Looking for


Ramzan Mubarak in Advance

Close Ramzan

HEC Guideline for Degree Attestation 2013

Degree Attestation
LOCAL DEGREES, TRANSCRIPTS (DMCs), PROVISIONAL CERTIFICATES AND DIPLOMAS

HEC does not attest "foreign degrees/Deeni Asnaad". However, their equivalence is determined by"EQUIVALENCE CELL" of HEC.




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Saturday, July 6, 2013

MGT402 GDB Solution 2013

Total Marks
30
Starting Date
Friday, July 05, 2013
Closing Date
Tuesday, July 09, 2013
Status
Open
Question/Description
Learning Objectives: The students are expected to learn and apply the cost-volume-profit analysis.
Scenario: 

              Aini & Alex (Pvt.) Limited launched its fashion accessories in ladies’ purses few years back in Karachi with the aim to let them handle their necessities with comfort. Now, its brands are famous for stylish and affordable accessories.   
At the start of new financial year, the sales manager of the Aini & Alex (Pvt) limited has to plan about future sales of its bags section, consisting of two product lines - leather handbags and clutch purses. To plan about future sales, the sales manager is in need of data about per unit cost and profit for each product line from the company’s accountant.
Accountant demonstrates the per unit data that shows currently the company is selling leather handbags at Rs. 300 per unit and clutch purse at Rs 190 per unit respectively. Other cost data is as follows:
Details
    Leather Handbags
  Clutch Purses

Rs. P/U
Rs. P/U
Variable cost
130.00
110.00
Fixed cost
144.00
52.50
Profit
26.00
27.50

Considering the above mentioned information, answer the following:
a)   Determine per unit contribution margin, contribution margin ratio for each of the product.
b)   If the sales manager of Aini & Alex (Pvt.) Limited decides to increase production substantially any of the above two products (manufactured units are expected to be sold in the market), determine which product will be more profitable for the company to produce assuming that cost behavior pertains remain unchanged.
c)    Support your answer in part (b) based on logical reason.





            SOLUTION IDEA'S

Per unit contribution margin = selling price per unit - variable cost per unit 
Contribution margin ratio = contribution margin rs / sales in rs
Do not try to copy for any solution so  for better understanding listen the lecture no 29, 30 so you can understand it and will be helpful for final term.

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Friday, July 5, 2013

EXTENSION IN DATE SHEET INTERFACE


Published On:  Friday, July 05, 2013
The date sheet sign up interface (without fine) is going to close at mid night today (July 5, 2013). However, students whose accounts (LMS) is blocked due to non-payment of fee, are advised to deposit the fee and sign up for their date sheet till July 09, 2013, the University will not charge fine for the late date sheet sign up.


           

Thursday, July 4, 2013

Attention Overseas Students: OVERSEAS EXAM SOFTWARE INSTALLATION AND CONFIGURATION (SPRING 2013 FINAL TERM)

Published On:  Thursday, July 04, 2013
OVERSEAS EXAM SOFTWARE INSTALLATION AND CONFIGURATION (SPRING 2013 FINAL TERM)

Overseas Exam Software and related material has been made available for download. Please make sure to install latest exam application available on the link given below. You must follow the sequence of instructions given below for smooth and error free installation:

INSTRUCTIONS

1.   Visit the link http://qb.vu.edu.pk
2.   For downloading, login with your VULMS student ID and password
3.   Download all material one by one
4.   After installation, you must go through the “User Manual” for know how to attempt your paper.
5.   An icon will be visible on your desktop. Please double click the icon to run the demo test. You may test your installation by joining any of the following sessions till July 18, 2013 during the specified timings)

Monday, July 1, 2013

MGT402 Assignment no 2 Solution 2013

SEMESTER SPRING 2013
COST AND MANAGEMENT ACCOUNTING (MGT402)
ASSIGNMENT NO. 02
DUE DATE: 1ST JULY 2013 MARKS: 30
Learning objectives: To enable the students to prepare cost of production report along with
treatment of normal and abnormal loss.
Assignment:
Superior Products Manufacturer Limited (SPML) manufactures industrial products that go through
three processing departments – molding, assembling and finishing. The information pertains to the
operations of the molding department for May, 20X3 is as follows:
Units started in molding department 18,200
Cost incurred in molding department: Rs.
Direct material 210,000
Direct labor 077,000
Factory overhead 038,500
14,000 units were completed and transferred to the assembling department during the month of May.
There were 3,500 units as to still-in-process (completed up to 100% material and 50% conversion cost).
700 units were lost during processing and it was treated as normal loss.
Following is the information pertaining to the operations of the assembling department:
11,000 units were completed and transferred to the finishing department. 2,200 units were in process
and completed up to 100% material and 70% conversion cost. Cost incurred in the department is as
follows:
Rs.
Direct material 2,200
Direct labor 45,000
Factory overhead 33,000
During final inspection at the end of the process, it was discovered that 800 units were lost owing to
unavoidable spoilage.
9,000 units were completed in the finishing department and transferred to the store room. 1,500 units
were still in process (converted 30%) and 500 units were lost which were 70% converted but not
charged for any direct material. This loss is to treat as abnormal loss. Cost incurred in finishing
department is:
Rs.
Direct labor 52,000
Factory overhead 41,000
Required: Prepare following schedules for all three departments by using the above information:
a) Quantity Schedule (3 Marks)
b) A schedule of cost to be charged by each department (7 Marks)
c) A schedule of total cost accounted for (7 Marks)
d) A schedule of equivalent production (6 Marks)
e) Cost per unit in each department (3 Marks)
f) Working for normal and abnormal loss (4 Marks)
IMPORTANT:
24 hours extra / grace period after the due date are usually available to overcome uploading
difficulties. This extra time should only be used to meet the emergencies and above mentioned
due dates should always be treated as final to avoid any inconvenience.
OTHER IMPORTANT INSTRUCTIONS:
DEADLINE:
 Make sure to upload the solution file before the due date on VULMS.
 Any submission made via email after the due date will not be accepted.
FORMATTING GUIDELINES:
 Use the font style “Times New Roman” or “Arial” and font size “12”.
 It is advised to compose your document in MS-Word format.
 You may also compose your assignment in Open Office format.
 Use black and blue font colors only.
REFERENCING GUIDELINES:
 Use APA style for referencing and citation. For guidance search “APA
reference style” in Google and read various website containing information for better
understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
RULES FOR MARKING
Please note that your assignment will not be graded or graded as Zero (0), if:
 It is submitted after the due date.
 The file you uploaded does not open or is corrupt.
 It is in any format other than MS-Word or Open Office; e.g. PowerPoint, PDF
etc.
 It is cheated or copied from other students, internet, books, journals etc.
Note related to load shedding: Please be proactive
Dear students!
As you know that Post Mid-Term semester activities have been started and load shedding
problem is also prevailing in our country now a days. Keeping in view the fact, you all are
advised to post your activities as early as possible without waiting for the due date. For your
convenience; activity schedule has already been uploaded on VULMS for the current semester,
therefore no excuse will be entertained after due date of assignments, quizzes or GDBs.

    --------------------------------------------------

SOLUTION IDEA


1.Quantity Schedule
Units Started in process                                                            18200
Units transferred to the next Dep                       14000
Units still in process
100% material and 50% Conversion)                3500
Units lost in Process                                          700
                                                                                                18200

POSTPONEMENT OF 4th CONVOCATION, LAHORE


Published On:  Monday, July 01, 2013
This is to inform you that 4th Convocation of Virtual University of Pakistan which was scheduled to be held at Lahore on Thursday, July 4, 2013 has been postponed due to unavoidable circumstances. The new date for the Lahore Convocation will be intimated in due course of time.

Inconvenience caused is regretted

                     

Virtual Univeristy of Pakistan (News) - July 2013




Published On: 
 Monday, July 01, 2013


Click Here to view the Virtual Univeristy of Pakistan News for July 2013.




                        

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