Get Answers on www.smuHelp.com Get Answers on www.smuhelp.com Get Answers on www.smuHelp.com DRIVE PROGRAM SEMESTER SUBJECT CODE & NAME BK ID CREDIT MARKS ASSIGNMENT SPRING 2016 BBA IV BBA 402 MANAGEMENT ACCOUNTING B 1713 4 60 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q.No Question 1 Differentiate between : a) Standard Costing and Budgetary Control b) Estimated Cost, Historical Cost and Standard Cost A Differentiate between : a) Standard Costing and Budgetary Control b) Estimated Cost, Historical Cost and Standard Cost 2 5 5 10 a) Product X is estimated to require 20 hours per unit. The standard rate per hour is Re.1. During a month 2000 units were produced. For this 38,000 hours were taken at Rs. 1.05 per hour. Calculate the variances. b) In this illustration, if it is assumed that 100 hours is lost due to breakdown of machinery, calculate the necessary variances. A 3 a) Product X is estimated to require 20 hours per unit. The standard rate per hour is Re.1. During a month 2000 units 6 were produced. For this 38,000 hours were taken at Rs. 1.05 per hour. Calculate the variances. b) In this illustration, if it is assumed that 100 hours is lost due to breakdown of machinery, calculate the necessary 4 variances. If : S.P (p.u.) Rs. 100, V.C. (p.u.) Rs. 50, Total Fixed Cost : Rs. 1, 00, 000 Find : i) BEP ii) P/V Ratio iii) Sales required to earn profit of Rs. 50,000 iv) New BEP if S.P. is reduced by 15 % due to competition 10 Get Answers on www.smuHelp.com Get Answers on www.smuHelp.com Get Answers on www.smuhelp.com A Calculate : i) Break-even Point ii) P/V Ratio iii) Sales required to earn profit of Rs. 50,000 iv) New BEP if S.P. is reduced by 15 % due to competition 2 2 3 3 10 4 Given the Balance Sheet of a Company as under : Liabilities Rs. Assets Equity shares of Rs. 10 each 10,00,000 Fixed Assets General Reserves 2,00,000 Stock 7 % Debentures 3,00,000 Receivables Term Loan from X Bank 5,00,000 Cash Overdraft 2,00,000 Creditors and Bills 3,00,000 25,00,000 Rs. 15,00,000 5,00,000 4,00,000 1,00,000 25,00,000 Calculate : i) Current ratio ii) Quick ratio iii) Debt-equity ratio iv) Proprietary ratio v) Solvency ratio A 5 A 6 A From the Balance Sheet as above : Calculate i) Current ratio ii) Quick ratio iii) Debt-equity ratio iv) Proprietary ratio v) Solvency ratio 2 2 2 2 2 10 What are the uses and limitations of a Cash Flow Statement ? Uses of Cash Flow Statement Limitations of Cash Flow Statement 5 5 10 5 5 10 What is Transfer Pricing ? Explain Transfer Pricing options. What is Transfer Pricing ? Explain Transfer pricing options. Get Answers on www.smuHelp.com Get Answers on www.smuhelp.com Get Answers on www.smuHelp.com
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