Nov/Winter 2011

Bachelor of Business Administration-BBA Semester 3

BB0012 – Management Accounting - 4 Credits

(Book ID: B0093)

Assignment Set- 1 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions.

1. Accounting is a sub-system of MIS. Substantiate this statement (10 Marks)

2. Following is the Balance Sheet of Jai Kishore Ltd. Calculate the following ratios: (1) Current Ratio (2) Debt Equity Ratio (3) Stock Turnover Ratio (4) Liquidity Ratio (10 Marks)

BALANCE SHEET

LIABILITIES ASSETS

Share capital: Equity Share capital Preference Share Capital

1,00,000 1,00,000

Fixed Assets 2,50,000

Reserves 1,00,000 Stock 2,50,000

Debentures 2,00,000 Sundry Debtors 1,00,000

Sundry Creditors 1,00,000 Bank balance 50,000

Bills Payable 50,000

Total 6,50,000 Total 6,50,000

3. The following are the summarized Balance Sheets of Anderson Ltd

BALANCE SHEET AS ON……. (20 Marks)

Liabilities 2006 2007 Asset 2006 2007

Sh Capital 5,00,000 6,00,000 F. Assets 10,00,000 11,20,000

Reserves 1,50,000 1,80,000 Less: Dep (3,70,000) (4,60,000)

P & L a/c 40,000 65,000 Stock 2,40,000 3,70,000

Debentures 3,00,000 2,50,000 Book Debts 2,50,000 2,30,000

Creditors 1,70,000 1,60,000 Cash 1,00,000 75,000

Prov. for IT 60,000 80,000

12,20,000 13,35,000 12,20,000 13,35,000

Prepare a Funds Flow statement

4. What is cash flow from operating activities? Give the format for the cash flow from Operating activities. (10 Marks)

5. Write short notes on (a) Step cost (b) Relevant cost (5+5 Marks)

Nov/Winter 2011

Bachelor of Business Administration-B.Com IS Semester IV

BM0016 – Management Accounting - 4 Credits

(Book ID: B0093)

Assignment Set- 2 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions.

1. Describe the functional classification of Ratios. Explain the benefits of each ratio. (10 Marks)

2. Differentiate between allocation and apportionment. (10 Marks)

3. Explain the features of contract costing (10 Marks)

4. Calculate prime cost, factory cost, cost of production and cost of sales from the following

particulars. (20 Marks)

Rs Rs Rs Rs

Direct materials 40,000 Consumable stores 1,000

Direct wages 10,000 Manager’s salary 2,000

Direct expense 2,000 Director’s fees 500

Oil and waste 100 Office printing

&stationery

200

Wages of foremen 1,000 Telephone charges 50

Storekeeper’s wages 500 Postage, telegrams 100

Electric power 200 Salesmen’s

commission &

salary

500

Lighting – Factory 500 Travelling

expenses

200

Office 200 700 Advertising 500

Rent

- Factory

2,000 Warehouse

charges

200

- Office 1,000 3,000 Carriage outward 150

Repairs and Renewals:

Factory -plant 500

- machinery 1,000

- Off premises 200 1,700

Depreciation

– Office Premises

500

- Plant and machinery 200 700

5. Explain the features of Break-even chart

(10 Marks)