BCOE-142 EM 2023-24 SOLVED ASSIGNMENT

Description

TUTOR MARKED ASSIGNMENT
COURSE CODE : BCOE-142
COURSE TITLE : MANAGEMENT ACCOUNTING
ASSIGNMENT CODE : BCOE-142/TMA/2023-24
COVERAGE : ALL BLOCKS
Maximum Marks: 100
Note: Attempt all the questions.
Section – A
1) What are the roles performed by Management Accounting in an organization? (10)
2) With the help of the given information calculate the following ratios :
i) Operating Ratio ii) Current Ratio
iii) Stock Turnover Ratio iv) Debt Equity Ratio
Rs.
Equity share capital 2,50,000
9% Preference share capital 2,00,000
12% Debentures 1,20,000
General Reserve 20,000
Sales 4,00,000
Opening stock 24,000
Purchases 2,50,000
Wages 15,000
Closing stock 26,000
Selling and Distribution Expenses 3,000
Other current assets 1,00,000
Current liabilities 75, 000
(10)
3) What is budgeting? What are the advantages and limitations of budgeting? (10)
4) Give a comparative account of standard costing and budgeting. (10)
5) “Cost volume profit analysis and break even point analysis are same”. Comment. (10)
Section – B
6) The Following information related to the operating performance of three divisions of a
company for the year 2021.
Division
A B C
Contribution (Rs.) 50,000 50,000 50,000
Investment (Rs.) 4,00,000 5,00,000 6,00,000
Sales (Rs.) 24,00,000 20,00,000 16,00,000
No. of employees 22,500 12,000 10,500
You are required to evaluate the performance using Rate of Return on Investment (ROI)
and Residual Income (RI) criteria.
(6)
7) What are the different techniques of cost management? Explain. (6)
8) “Balance sheet is a statement of assets and liabilities or sources and uses of capital or
both”. Comment.
(6)
9) What is a sales Budget? How is it prepared? (6)
10) Elucidate the steps followed in Target Costing. (6)
Section – C
11) Distinguish between the following:
(a) Cost Accounting and Management Accounting
(b) Cost Control and Cost Reduction
(c) Reserve and Reserve Fund
(d) Statement Cost and Estimated Cost
(10)
12) Write short notes on the following:
(a) Trend Analysis
(b) Cash Budget
(c) Responsibility Accounting
(d) Transfer Pricin