Attempt all the questions. All the questions are compulsory and carry eq ua marks.
Section-A 1'
Discuss management accounting as an efective tool o nancial contro
2'
What do you mean by cash rom operating activities? How is it calculat
The “volumecostprot “volumecostprot relationship provides management with a (' ramewor! or organi"ing its thin!ing on a number o problems.# Discuss
$ecently a conerence spea!er discussing budgets % standard costs 4' ollowing ollowing statement statement “&u “&udgets dgets % standard standard costs costs are are not the same thing have diferent diferent purposes purposes % are set up % used in diferent diferent ways' ways' yet a relationship e(ists between them.#
)n the light o above statement identiy the similarities % diferences b budgets % standards.
Section-B Case Stud) &atty % *o. is currently wor!ing at +,- capacity % produces ,',,, un 0,- wor!ing raw material cost increases by 1- % selling price alls /t 2,- wor!ing raw material cost increases by +- % selling price +-.
/t +,- capacity wor!ing the product costs $s.2, per unit % is s $s.1,, per unit. The unit cost o $s.2, is made up as ollows3 4aterial Wages
$s.,, $s.5,
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Fair Process _managing
How To Win Friends and
Chapter 1 Quiz
Capital Ga Things I’v
uestion: ;repare a marginal cost statement showing the estimated o the business when it is operated at 0,- % 2,/lso calculate brea!even points at these levels.
Attempt all the questions. All the questions are compulsory and carry eq ua marks.
Section-A
What is $esponsibility accounting? How is it associated with the controllability? <(plain clearly main ob=ectives % eatures o respon accounting. 1'
2' ;rincipal budget actor 8or limiting actor: is o vital signica management. *omment on this statement' giving a list principal budget actors. ('
What are the steps involved in managerial decision ma!ing?
4' <(plain the concept o relevant cost in managerial decision /lso discuss the efects o changing inventory levels on cost. Section-B Case Stud)
4>s ;recision *ompany td. 8;*: is in the business o ma!ing 6ing
calculators. 6ingertrips brand o calculators has a good reputation among stu oAce staf % college aculty or its Buality % price. )ts current mar!et price is per calculator. )ts unit cost structure is given as ollows3
s'
67 views
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RELATED TITLES
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FM11- Financial & Management Accounting
Uploaded by A Kaur Marwah Solved Assignments 2014 Full description
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Fair Process _managing
How To Win Friends and
Chapter 1 Quiz
otal
Capital Ga Things I’v
12,
The ;* was started three years ago. / mar!et research had estim demand or 2,,,, calculators annually. The ;* was set up installed capacity o 1,,,,, calculators. &ut even ater three yea annual demand or 6ingertrip calculators stood at +,,,, units. The ;*' &harm Dharan' was concerened about its uture prospects. 4ean he got an e(port order rom Dutch <(im td. 8D<:' etherlands' or calculators at $s.10, per calculator.
D< is in business o mar!eting stationery to schools % oAces % has p to start selling calculators as well. )t would import the 6ingertrip calc but put its own brand name % would also ta!e care o pac!aging to s local mar!et reBuirements. )nitially' it is oneyear contract ren depending on mar!et conditions.
The *<7 o ;* is interested in the order as it would help in utili"i spare capacity o +,,,, units. The mar!eting manager o ;* agarwal' supports the proposal because the calculator would be etherlands under a diferent brand name' % the sale o 6ingertrip cal in the local mar!et would not be adversely afected.
/ccording to Fohn 4athew' production manager' to increase the prod capacity o +,,,, units' a new machine' similar to the one being cu used' would have to be acBuired. Two alternative machines are avail the mar!et. The rst machine could be leased at an annual cost o a!h. The maintenance cost per year is estimated to be $s.1 la! second machine uses a new technology. )t can be leased at an yearly o $s.5, la!hs. However' the maintenance cost would be .+ la!h pe The new technology based machine would also reduce the labour variable overhead cost by $s.+ % $s.1 per calculator respectively.
"e C# ass t"e 3nance manage$ to ca$$) out a 3nancial anal) of t"e alte$nati/es'