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MCO-05 Accounting of Managerial Decisions in English Solved Assignment 2018-2019

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MCO-05 Accounting of Managerial Decisions in English Solved Assignment 2018-2019

Course Code : MCO-05
Course Title : Accounting of Managerial Decisions
Assignment Code : MCO-05/TMA/2018-19
Coverage : All Blocks

Categories: , ,

Description

MCO-05 Solved Assignment 2018-19

Course Code : MCO-05
Course Title : Accounting of Managerial Decisions
Assignment Code : MCO-05/TMA/2018-19
Coverage : All Blocks

Title Name MCO-05 Accounting of Managerial Decisions Solved Assignment 2018-19
University IGNOU
Service Type Solved Assignment (Soft copy/PDF)
Course MCOM
Language ENGLISH
Semester 2018-2019 Course: MCOM
Session 2018-19
Short Name MCO-05 (ENGLISH)
Assignment Code MCO-05/TMA/2018-19
Product Assignment of MCOM 2018-2019 (IGNOU)
Submission Date before March 31th, 2019 for the session July, 2018 and
before September 30th, 2019 for the session January 2019
Price RS. 60

Attempt all the questions
1. (a) Describe different methods of costing and state the particular industries to which the can
be applied .
(b) “Fixed costs are really variable the more you produced the less they become”. Comment
on the statement. (10, 10)
2. (a) “Funds Flow statement also suffers from window dressing of accounts and hence fails to
. give true view of funds movement”. Do you agree with this statement? Give your views.
(b) How does cash flow analysis help the Management un decision making? Explain.
(12,8)
3. (a) “A Budget is a means and budgetary control is the end result”. Explain.
(b) “Performance budgeting requires preparation of periodic performance reports”. Explain.
(10, 10)
4. The following figures relates to the quantity of material required for the production of a
product:
Standard Actual
Quantity
(Kgs)
Price
(Rs.)
Amount
(Rs.)
Quantity
(Kgs)
Price
(Rs.)
Amount
(Rs.)
A 60 10 600 80 12 960
B 90 20 1800 60 25 1500
150 2400 140 2460
Compute
a) Material Cost Variance
b) Material Price Variance
c) Material Usage Variance
d) Material Mix Variance (4X5)
5. What do you mean by Marginal Costing? Explain the Managerial uses of Marginal costing
with suitable examples. (20)
MCO-05, MCO-5, MCO 05, MCO 5, MCO05, MCO

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