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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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DRIVE FALL 2017
PROGRAM MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER 1
SUBJECT CODE & NAME MBA 104 - FINANCIALAND MANAGEMENTACCOUNTING
CREDITS 2, 4 CREDITS
MARKS 30
Note: Answer all questions.Kindlynote that answers for 10 marks questionsshouldbe approximately of
400 words. Each question is followed by evaluation scheme.
Assignment Set -1
Q.1] Followinginformationobtainedfroma 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
Ans:
Direct materials- 150000
Factory expenses - 90000
Office expenses - 120000
Total sales – 650000
Prime cost- 450000
15% of the output is in stock
Solution:
Q.2]
Assets FixedAsset 15,00,000
Current Asset 5,00,000
Liabilities Accounts payable 200000

2. Reserve And Surplus 100000
10% Debentures 300000
6% Preference Share Capital 300000
Equity Share Capital 1100000
1. Calculate Debt-Ratio
2. Calculate Debt-equityRatio
Ans:
1. Debt ratio = Total liabilitiestooutsiders/Total assets
= (Debentures+accountspayable)/(Fixed+currentassets)
= (3,00,000 + 2,00,000) / (15,00,000 + 5,00,000)
= 5,00,000 / 20,00,000
= 1/4 or 0.25

3. Q.3] Presenta Vertical Analysisof ABC Ltd based on the followingfigures,alsointerpretthe result.
P&L extract for the year ended 31st
March, 2017
Particulars Amount
Sales
Less : Cost of GoodsSold Material
Wages
Factory Overheads
1500000
70000
50000
10000
GrossProfit
Less : Selling& Distributionoverheads
Administrative Overheads
1370000
20000
15000
Earnings before Interestand Tax
Less: Interest
1335000
35000
Earnings before Tax
Less: Tax
1300000
50000
NetProfit 1200000
Capital Employed 12000000
Ans:
Assignment Set -2
Q.1] XYZ ltdhas recordeda sale of60000 units ina year, witha sellingprice ofRs6 perunit.Moreover,the
company has recordeda prime cost and variable overheadto be Rs 3 and Rs 1 respectively.The company
had a fixed cost of Rs 100000.
1. Calculate BEP (in Rupees)
2. Calculate MOS
Ans:
Sales – 60,000 units per annum
Selling price – Rs.6.00 per unit
Prime cost – Rs. 3.00 per unit
Variable overheads – Rs. 1.00 per unit
Fixed cost – Rs.1, 00,000 per annum
Solution:
Q.2] From the followinginformationandassumption that the balance in hand on 1st Jan 2016 is
Rs.1,35,000, prepare a cash budgetfor January 2016 to June 2016
Month Materials Sales Wages Sales &
Distribution
Overhead
Production
Overhead
Administrative
Overhead
January 60900 154000 25000 10000 12000 2500

4. 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 applicationhas beenmade to a bank
for grant ofloan of Rs. 50,000 and it is hopedthat it will be receivedinthe month of May. It isanticipated
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 month’s credit.
Ans:

5. Q.3] Elucidate Enterprise resource planning and accounting.
Ans:
Enterprise Resource Planning Systems and Accounting:
Enterprise Resource PlanningsystemsorERP systemsare integratedsoftware applicationpackages
that manage the business processes end to end, including support functions like accounting, human
resources,
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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