com
DRIVE
PROGRAM
SEMESTER
SUBJECT CODE &
NAME
BK ID
CREDIT
MARKS
ASSIGNMENT
SUMMER 2016
BBA
IV
BBA 402
MANAGEMENT ACCOUNTING
B1713
4
60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q.No
Question
Marks
1
What are the advantages and limitations of Budgetary control ?
Total Marks
1 ton of material input yield standard output of 1,00,000 units. The standard price of materials
is Rs. 20 per kg. The actual quantity of materials used is 10 tons and the actual price paid is Rs.
21 per kg. Actual output obtained is 9,00,000 units.
Compute Material Variances.
5
5
10
10
10
4
3
3
10
From the following prepare a summarized Balance Sheet of X Ltd. as on 31.03 2016.
Quick Ratio
1.5
Current Ratio
2.5
Fixed Assets to Equity
0.75
Working Capital
Rs. 1,20,000
Reserves and Surplus Rs. 60,000
Bank overdraft
Rs. 20,000
10
10
Rainbow Ltd. sold goods for Rs. 30,00,000 in a year. In that year the variable costs were Rs.
6,00,000 and fixed costs were Rs. 8,00,000.
Find out :
i)
P/V Ratio
ii)
Break-even sales, and
iii)
Break-even Sales if Selling price was reduced by 10 % and Fixed costs were
increased by Rs. 1,00,000.
5
5
10
10