This document provides information about assignment solutions for SMU MBA semester 1 spring 2018 assignments. It lists assignments for the subjects of statistics for management and financial and management accounting. It provides contact information for an assignment solutions service including a website, email, phone number, and WhatsApp number. Students can get assignment solutions from this service at a nominal price by visiting the website, emailing, calling, or messaging on WhatsApp. The document contains sample assignment questions and problems from both subjects.

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SMU MBA SEM 1 SPRING 2018 ASSIGNMENTS
MBA103 - Statistics for Management
SET-I
1 According to the definition of Statistics given by Croxton and Cowden, what are the four
components of Statistics?
1st Component
2nd Component
3rd Component
4th Component
2 What do you mean by Statistical Averages? List various requisites of a Good Average.
A Statistical Averages.
Requisites of a Good Average.
3 Explain the concept of combined mean.
Find the mean for the entire group of workers from the following data
Group – 1 Group – 2
Mean wages 150 200
No. of workers 500 450
Combined Mean
Mean of Entire group
SET-II
1 Write short notes on
a. Standard Deviation
b. Addition rule of probability
c. Sampling and Non Sampling errors in statistics
d. Advantages of Business forecasting
a) Standard Deviation
b) Addition rule of probability
c) Sampling and Non Sampling errors in statistics
d) Advantages of Business forecasting
2 Marks obtained by 50 students are given below.
Marks 10-20 20-30 30-40 40-50 50-60 60-70 70-80
No of Students 2 8 6 14 3 10 7
Calculate Median & Mode.
Median
Mode
3 Sales for last 7 years of ABC ltd is given in following table
Year 2011 2012 2013 2014 2015 2016 2017
Sales(in 1000 Rs) 120 130 135 125 140 160 165
Based on above data forecast the Sales for year 2018 & 2019.
Fitting of straight line

2. Sales for year 2018
Sales for year 2019
MBA104 FINANCIAL AND MANAGEMENT ACCOUNTING
ASSIGNMENT- SET I
1 Following information obtained from a manufacturing company:
Direct Material – 450000
Office Expenses – 120000
Factory Expenses – 90000
Total Sales – 650000
Prime Cost – 450000
25% of the output is in stock
Calculate:
(a) Direct Expenses (b) Factory Cost (c) Cost of Production (d) Cost of Sale (e) Profit
Prepare Cost Sheet
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
1. Calculate Debt-Ratio
2. Calculate Debt-equity Ratio
3 Presenta Vertical AnalysisofABC Ltdbased on the following figures, also interpret the result.
P&L extract for the year ended 31st March, 2017
Particulars Amount
Sales
Less: Cost of Goods Sold Material
Wages
Factory Overheads
15,00,000
70000
50000
10000
Gross Profit
Less: Selling & Distribution Overhead
Administrative Overhead
1370000
20000
15000
Earnings before Interest and Taxes
Less: Interest
1335000
35000
Earnings before Tax
Less: Tax
1300000
50000
Net Profit 1200000
Capital Employed 12000000
Presentation of Vertical Analysis
Interpretation of the result
ASSIGNMENT- SET II
1 XYZ ltd has recorded a sale of 80000 units in a year, with a selling price of Rs 8 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)
2. Calculate MOS
2 From the following information and assumption that the balance in hand on 1st Jan 2016 is
Rs.1,55,000, prepare a cash budget for January 2016 to June 2016

3. Month Materials Sales Wages Sales &
Distribution
Overhead
Production
Overhead
Administrative
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
Assumethat 60% are cashsales. Assetsare to be requiredinFeb. 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 bankforgrant ofloanofRs. 50,000 andit ishopedthat it will bereceivedinthe month
ofMay. It isanticipatedthat a dividendofRs. 70,000will be paid in June. Debtors are allowed 1-
month credit.Salescommission@3% onsalesisto be paid. Creditors (for goods and overhead)
grant one month’s credit.
A From the above information prepare a Cash Budget for six months from January 2016 to June 2016
3 Elucidate how Balance Score Card is useful to management decision making.
Usefulness of Balance Score card in Management decision making
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