BCOE-142 Solved Assignment English Medium 2023-24

Description

BCOE-142 Solved Assignment English Medium 2023-24 for July 2023 and January 2024 Session

Sixth Semester ASSIGNMENT 2023-2024

Valid from 1st January 2024 to 31st December 2024

B.C.O.E-142

MANAGEMENT ACCOUNTING

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 : (10)

1. 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

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: (10)

(a) Cost Accounting and Management Accounting

(b) Cost Control and Cost Reduction

(c) Reserve and Reserve Fund

(d) Statement Cost and Estimated Cost

12) Write short notes on the following: (10)

(a) Trend Analysis

(b) Cash Budget

(c) Responsibility Accounting

(d) Transfer Pricing

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BCOE142, BCOE 142