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    Financial and Management Accounting

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    Harshith
    This document provides an assignment for a Master of Business Administration course. It includes 3 questions sets with multiple questions in each set. The questions cover topics like cost accounting, financial ratios, vertical analysis, break-even point, and cash budgeting. Enterprise resource planning and accounting is also briefly discussed.

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    © All Rights Reserved
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    Financial and Management Accounting

    Uploaded by

    Harshith
    401 views2 pages
    This document provides an assignment for a Master of Business Administration course. It includes 3 questions sets with multiple questions in each set. The questions cover topics like cost accounting, financial ratios, vertical analysis, break-even point, and cash budgeting. Enterprise resource planning and accounting is also briefly discussed.

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    Financial and Management Accounting

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    This document provides an assignment for a Master of Business Administration course. It includes 3 questions sets with multiple questions in each set. The questions cover topics like cost accounting, financial ratios, vertical analysis, break-even point, and cash budgeting. Enterprise resource planning and accounting is also briefly discussed.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    401 views2 pages

    Financial and Management Accounting

    Uploaded by

    Harshith
    This document provides an assignment for a Master of Business Administration course. It includes 3 questions sets with multiple questions in each set. The questions cover topics like cost accounting, financial ratios, vertical analysis, break-even point, and cash budgeting. Enterprise resource planning and accounting is also briefly discussed.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    ASSIGNMENT

    DRIVE FALL 2017


    PROGRAM Master of Business Administration- MBA
    SEMESTER Semester 1
    SUBJECT CODE & NAME MBA 104 - FINANCIAL AND MANAGEMENT ACCOUNTING
    BK ID B2121
    CREDIT & MARKS 4 Credits, 30 marks each

    Note The Assignment is divided into 2 sets. You have to answer all questions in both sets. Average score
    of both assignments scored by you will be considered as your IA score. Kindly note that answers for 10
    marks questions should be approximately of 400 words.

    SET 1
    Q.No Questions Marks Total Marks
    1 Following information obtained from a manufacturing company:
    Direct Material 150000
    Office Expenses 120000
    Factory Expenses 90000
    Total Sales 650000
    Prime Cost 450000
    15% of the output is in stock

    Calculate:

    (a) Direct Expenses (b) Factory Cost (c) Cost of Production(d) Cost of Sale (e)Profit
    A Prepare Cost Sheet 5*2=10 10
    2 Assets Fixed Asset 15,00,000
    Current Asset 500000

    Liabilities Accounts Payable 200000


    Reserve and Surplus 100000
    10% Debentures 300000
    6% Preference Share Capital 300000
    Equity Share Capital 1100000
    A 1. Calculate Debt-Ratio 5 10
    2. Calculate Debt-equity Ratio 5
    3 Present a Vertical Analysis of ABC Ltd based on the following figures, also interpret the result.

    P&L extract for the year ended 31st March, 2017


    Particulars Amount
    Sales 15,00,000
    Less: Cost of Goods Sold Material 70000
    Wages 50000
    Factory Overheads 10000
    Gross Profit 1370000
    Less: Selling & Distribution Overhead 20000
    Administrative Overhead 15000
    Earnings before Interest and Taxes 1335000
    Less: Interest 35000
    Earning before Tax 1300000
    Less: Tax 50000
    Net Profit 1200000
    Capital Employed 12000000
    A 1. Presentation of Vertical Analysis 8
    2. Interpretation of the result 2
    10

    SET 2
    1 XYZ ltd has recorded a sale of 60000 units in a year, with a selling price of Rs 6 per unit. Moreover,
    the company has recorded a prime cost and variable overhead to be Rs 3 and Rs 1 respectively. The
    company had a fixed cost of Rs 100000
    1. Calculate BEP ( in Rupees) 5
    A 2. Calculate MOS 5 10
    2 From the following information and assumption that the balance in hand on 1st Jan 2016 is
    Rs.1,35,000, prepare a cash budget for January 2016 to June 2016
    Month Materials Sales Wages Sales & Production Administrative
    Distribution Overhead Overhead
    Overhead
    January 60900 154000 25000 10000 12000 2500
    February 70000 145000 25900 12000 12000 2700
    March 61000 123000 23000 15000 12000 2200
    April 71000 113000 32000 19000 13000 4000
    May 84000 170000 29500 21000 16000 3500
    June 87600 155000 25600 24000 16000 3000
    Assume that 50% are cash sales. Assets are to be required in Feb. and April. Therefore, provision
    should be made for payment of Rs. 26,000 and Rs. 60,000 for the same. An application has been
    made to a bank for grant of loan of Rs. 50,000 and it is hoped that it will be received in the month
    of May. It is anticipated that a dividend of Rs. 70,000 will be paid in June. Debtors are allowed 1-
    month credit. Sales commission @ 3% on sales is to be paid. Creditors (for goods and overhead)
    grant one months credit.
    A From the above information prepare a Cash Budget
    for six months from January 2016 to June 2016 10 10
    3 Elucidate Enterprise resource planning and accounting
    A Enterprise resource planning and accounting 10 10
    # A- ANSWER

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