2019-20

MCO-05 Solved Assignment 2019-2020 | English Medium | Accounting for Managerial Decisions

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Course Code :  MCO-05
Course Title : Accounting for Managerial Decisions
Medium :  English Medium
Session :  2019-20 (July 2019 and January 2020)
Last Date of Submission :  15th March, 2020 (for July 2019 session)
15th September, 2020 (for January 2020 session)
Assignment Questions :  Click Here

Description

University : IGNOU
Program : MCOM (2nd Year)
Course Code : MCO-5
Course Title : Accounting for Managerial Decisions
Medium : English
Max Marks : 100
Weightage : 30%
Session : July 2019 and January 2020 (2019-20)
Last Date of Submission : 15th March, 2020 (for July 2019 session)
15th September, 2020 (for January 2020 session)
Solution Type : Softcopy (PDF File)

TUTOR MARKED ASSIGNMENT


Course Code : MCO-05
Course Title : Accounting for Managerial Decisions
Assignment Code : MCO-05/TMA/2019-20
Coverage : All Blocks

Maximum marks: 100

Attempt all the questions.

  1. What is Cash flow statement? Explain the various techniques of preparing cash flow statement. How does it help the management in decision making?
  2. Standard cost of product is :
    Time : 6 hours per unit
    Rate : Rs 4 per hour
    Actual cost :
    Production 1,500 units
    Hours taken 7,600 units
    Idle time (in hours) 400
    Total hours : 8,000
    Total labour cost announced to Rs. 40,000. Calculate Labour Variance.
  3. What do you understand by ‘Zero Based Budgeting’? State the benefits that accrue from it and also its disadvantages.
  4. The following data are available from the records of a company:
    Sales Rs. 60,000
    Variable Cost Rs. 30,000
    Fixed Cost Rs. 15,000
    You are required to :
    (a) Calculate the P/V Ratio, Break – Even Point and Margin of Safety at this level.
    (b) Calculate the effect of 10% increase in the sale price.
    (c) Calculate the effect of 10% decrease in the sale price.
  5. What do you mean by the term ‘Budgetary Control’? What are its advantages? Also explain the statement that, “A budget is a means and Budgetary control is the end result”.

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