Friday 28 November 2014

bba402 smu bba fall 2014 IVth sem assignment

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DRIVE Fall 2014
PROGRAM -BBA
SEMESTER- 4
SUBJECT CODE & NAME
BBA 402 & MANAGEMENT ACCOUNTING

Q.1. Budgetary control is a strong business tool that helps companies maximizes profits. Explain the characteristics and objectives of a budgetary control system. (Explanation of characteristics of budgetary control system, Explanation of objectives of budgetary control system) 5,5
ANS:

Characteristics of budgetary control system

Budgets may be classified as following types:

Q.2. The success of a business enterprise depends to a great extent on how efficiently and effectively it can control costs. Give the meaning of standard costing. Describe estimated cost and standard cost. (Meaning of standard costing, Explanation on estimated cost and standard cost) 5,5
ANS:

Meaning of Standard Costing

Standard costing is an essential part of the overall planning and control system in an organisation. Standard cost is a predetermined cost based on a technical estimate for materials, labour and

Q.3. Marginal costing plays a major role in making certain decisions. It provides information to management regarding the behavior of costs and the incidence of such costs on the profitability of an undertaking. Please explain the advantages of marginal costing. ( Advantages of marginal costing (cover all the 13 important points) 10
ANS:

Advantages of Marginal Costing

Marginal costing, as one of the tools of management accounting, helps management in making certain decisions. It provides management with information regarding the behaviour of costs and the incidence of such costs on the profitability of an undertaking. Marginal costing is defined as ‘the

Q.4. Variance analysis is a tool for measuring performance and depends on the principle of management by exception. Explain the uses of variance. From the following information, calculate sales margin price variance and sales margin volume variance.
 
(Uses of variances, Calculation of standard margin price variance and sales margin volume variance) 5, 5
ANS:

Uses of Variances

It is important to note that the mere estimation of variances is not sufficient, but their analysis and understanding the causes for variance is the ultimate aim to control costs. Thus, variances are


Q.5. Explain the determinants of working capital requirements. (Explanation of all the determinants of working capital requirements) 10
ANS:

Determinants of Working Capital Requirement

A firm should plan its operations in such a way that it should have neither too much nor too little working capital. The total working capital requirement is determined by a wide variety of factors. These factors, however, affect different enterprises differently. They also vary from time to time. In general, the following factors are involved in a proper assessment of the quantum of  working capital

Q.6. From the following information prepare (i) a statement of sources and uses of funds and (ii) a schedule of changes in working capital for M/s. Eshwari & co. Balance sheets as on 31stMarch 2010 and 2011 are:

Additional Information
(i) Depreciation of Rs. 2,500 charged on Land & Buildings
(ii) Building amounting to Rs. 5,000 was sold for Rs. 4,700.
(Calculation and preparation of schedule of changes in working capital, Preparation of statement of sources and uses of funds) 5,5
 ANS:  
Solution:
Get fully solved assignment, plz drop a mail with your sub code
computeroperator4@gmail.com
Charges for mba rs 125/subject and rs 700/semester only.
For other rs 125/subject only
if urgent then call us on 08791490301, 08273413412

our website is www.smuassignment.in

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