# SMU MBA ASSIGNMENTS

## SMU MBA SEM 1 -MBA104 – FINANCIAL AND MANAGEMENT ACCOUNTING

SMU MBA FALL-2017

Dear Students,

SMU MBA FALL-2017 Assignments are available. For Booking Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”

SET-I

Q.1] Following information obtained from a manufacturing company:

Direct Material – 150000

Office Expenses – 120000

Factory Expenses – 90000

Total Sales – 650000

Prime Cost – 450000

15% of the output is in stock

Calculate:

(a) Direct Expenses (b) Factory Cost  (c) Cost of Production   (d) Cost of Sale (e)Profit

Ans:

Direct materials – 150000

Factory expenses – 90000

Office expenses – 120000

Total sales – 650000

Prime cost- 450000

15% of the output is in stock

Solution:

Cost Sheet

 Direct Materials 1,50,000

Q.2]

 Assets Fixed Asset 15,00,000 Current Asset 5,00,000

 Liabilities Accounts payable 200000 Reserve And Surplus 100000 10% Debentures 300000 6% Preference Share Capital 300000 Equity Share Capital 1100000
1. Calculate Debt-Ratio
2. Calculate Debt-equity Ratio

Ans:

1. Debt ratio = Total liabilities to outsiders/Total assets

= (

Q.3] Present a Vertical Analysis of ABC Ltd based on the following figures, also interpret the result.

 P&L extract for the year ended 31st March, 2017 Particulars Amount Sales Less : Cost of Goods Sold Material            Wages            Factory Overheads 1500000 70000 50000 10000 Gross Profit Less : Selling & Distribution overheads            Administrative Overheads 1370000 20000 15000 Earnings before Interest and Tax Less: Interest 1335000 35000 Earnings before Tax Less: Tax 1300000 50000 Net Profit 1200000 Capital Employed 12000000

Ans:

Common-size Statement for the year ended 31st Mar 2017

SET II

Q.1] XYZ ltd has recorded a sale of 60000 units in a year, with a selling price of Rs 6 per unit. Moreover, the company has recorded a prime cost and variable overhead to be Rs 3 and Rs 1 respectively. The company had a fixed cost of Rs 100000.

1. Calculate BEP (in Rupees)
2. Calculate MOS

Ans:

Sales – 60,000 units per annum

Selling price – Rs.6.00 per unit

Q.2]  From the following information and assumption that the balance in hand on 1st Jan 2016 is Rs.1,35,000, prepare a cash budget for January 2016 to June 2016

 Month Materials Sales Wages Sales & Distribution Overhead Production Overhead Administrative Overhead January 60900 154000 25000 10000 12000 2500 February 70000 145000 25900 12000 12000 2700 March 61000 123000 23000 15000 12000 2200 April 71000 113000 32000 19000 13000 4000 May 84000 170000 29500 21000 16000 3500 June 87600 155000 25600 24000 16000 3000

Assume that 50% are cash sales. Assets are to be required in Feb. and April. Therefore, provision should be made for payment of Rs. 26,000 and Rs. 60,000 for the same. An application has been made to a bank for grant of loan of Rs. 50,000 and it is hoped that it will be received in the month of May. It is anticipated that a dividend of Rs. 70,000 will be paid in June. Debtors are allowed 1-month credit. Sales commission @ 3% on sales is to be paid. Creditors (for goods and overhead) grant one month’s credit.

Ans:                                                                            Cash Budget

 PARTICULARS January February March April May June Total RECEIPTS

Q.3] Elucidate Enterprise resource planning and accounting.

Ans:

Enterprise Resource Planning Systems and Accounting:

Enterprise Resource Planning systems or ERP systems are integrated software application packages that manage the business processes end to end,

SMU MBA FALL-2017

Dear Students,

SMU MBA FALL-2017 Assignments are available. For Booking Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”