MCO-05 : Accounting of Managerial Decisions – M.Com Solved Assignment 2018 – 2019

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Master of Commerce – M.Com Second Year Solved Assignments for July 2018 and January 2018 Admission Cycles

MCOM Second Year Tutor Marked Solved Assignment

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


MCO – 05 Accounting of Managerial Decisions Solved Assignment for 2018-19


Following are the questions of MCO – 05: Accounting of Managerial Decisions of IGNOU – MCOM Assignment for 2018-19 session. To download answers of all the questions of this assignment in Hindi or English click on the question, subject to availability of answer, you can view or download the answer there.


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Question 1. a) Describe different methods of costing and state the particular industries to which the can be applied .
Question 1. b) “Fixed costs are really variable the more you produced the less they become”. Comment on the statement.

Question 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.
Question 2. b) How does cash flow analysis help the Management un decision making? Explain.

Question 3. a) “A Budget is a means and budgetary control is the end result”. Explain.
Question 3. b) “Performance budgeting requires preparation of periodic performance reports”. Explain.

Question 4. The following figures relates to the quantity of material required for the production of a product:
Compute a) Material Cost Variance b) Material Price Variance c) Material Usage Variance d) Material Mix Variance

 
Standard
Actual
  Quantity
(Kg)
Price
(Rs.)
Amount
(Rs.)
Quantity
(Kg)
Price
(Rs.)
Amount
(Rs.)
A 60 10 600 80 12 960
B 90 20 1800 60 25 1500
  150   2400 140   2460

Question 5. What do you mean by Marginal Costing? Explain the Managerial uses of Marginal costing with suitable examples.


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