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ASSIGNMENT
DRIVE Spring 2015
PROGRAM
BACHELOR OF BUSINESS ADMINISTRATION-BBA
SEMESTER
4
SUBJECT
CODE & NAME BBA 402 & MANAGEMENT ACCOUNTING
BK
ID B1713 CREDIT & MARKS 4 Credits, 60 marks
Q.
No 1 Explain the importance of Management Accounting and Need of Management
Accounting.
(Explanation of Management
accounting, Need of Management Accounting) 7 +3 =10
Answer: Importance
Management accounting is very helpful to management in every
field of activity. It assists the management in the performance of the various
managerial functions of planning, controlling, co-
Q2.
Explain the various steps in Budgetary Control. Advantages of Budgetary Control.
(Steps
in Budgetary Control, Advantages of Budgetary Control) 4 +6 =10
Answer: The various steps included in the budgetary control system
are:
1.
Determination of organisational objectives – Budget is a tool for implementing the organisational
Q3.
What is absorption costing? Explain the features of absorption costing. Write
the differences between absorption and marginal costing.
(Absorption costing, Features of
absorption costing, Difference between absorption and marginal costing) 3 +3 +4
=10
Answer:
Absorption
costing: Absorption
costing is a technique or practice of ascertaining the cost per unit of goods
produced or service rendered. Absorption costing is the practice of charging
all costs, both fixed
Q4.
Explain the three types of financing in working capital.
Raw material: Rs.80 per unit, labour: Rs.30
per unit; overheads: Rs.60 per unit, selling price/unit Rs.200: raw materials:
one month, work in progress: 15 days, finished goods: 1 month; creditors: 1
month; debtors: two months, Wages: 45 days; overheads: 1 month; ¼ of production
is sold in cash. Desired cash balance is Rs.3,65,000. Production per annum is
1,04,000 units. Estimate the working capital.
(Explanation of financing of
working capital, Estimation of working capital) 3 +7 =10
Answer:
Q5.
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Use the
following information to prepare:
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A
schedule of changes in working capital.
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A funds
flow statement of Sahana & Co.
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Balance
Sheet of Sahana & Co.
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Liabilities
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31.03.2010
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31.03.2011
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Assets
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31.03.2010
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31.03.2011
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Capital
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1,85,000
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2,10,000
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Goodwill
(at
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60,000
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60,000
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P&L
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1,47,800
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1,76400
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cost)
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1,85000
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2,20,000
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account
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1,20,000
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90,000
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Land
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47,400
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52,400
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Bank
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40,000
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68,000
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andbuilding
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19,400
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19,400
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loan
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1,40,000
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1,22,000
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Plant
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82,600
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72,400
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Bills
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20,000
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18,000
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andmachinery
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1,20,000
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1,28,000
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payable
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Furniture
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80,000
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72,100
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Sundry
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Inventory
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50,000
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48,300
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Creditors
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Sundry
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8,400
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11,800
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Provision
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Debtors
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for
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Bills
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taxation
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Receivable
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Bank
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Cash
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6,52,800
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6,84,400
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6,52,800
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6,84,400
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Schedule of changes in working
capital
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5
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10
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Fund flow statement of Sahana
& Co
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5
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Answer: Statement of changes in working
capital from 01.04.2010 to 31.03.2011.
Statement
of Changes
Q6
Give the meaning of dividend policy. Explain the significance of dividend
decision and types of dividend policy.
( Meaning of Dividend policy, Significance
of dividend decision, Types of dividend policy) 3 +2 +5 =10
Answer:
Meaning of Dividend Policy:
Dividend policy is the policy drafted by companies regarding
the amount to be paid to shareholders in the form of
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject and rs 700/semester only.
if urgent then
call us on 08791490301, 08273413412
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