MGT557: Accounting for Business Decision-II Homework-I (Part-I)
MBA (Hons)-Q1902 & Q1903
Q.1 (A) Explain BEP and calculate Break Even Point (BEP) from the following data:-
Selling price per unit Rs.20
Variable cost per unit Rs.15
Fixed overheads Rs.20,000
If sales are 20% above BEP. Determine the net profit.
(B) Explain and find out the following with the given data
(b) New BEP sales, if selling price reduced by 10%
Fixed cost Rs.4,000
Break even sales Rs.20,000
Selling price per unit Rs.20.
Q.2 Fill in the blanks each of the following independent situations:
Selling price per unit
Variable cost per unit
No of units sold
POR Ltd. Report the following results for the year ended 31st March,2008
Sales Rs.2,00,000,Variable cost Rs.1,20,000, Fixed cost Rs.50,000, Net Profit Rs.30,000. Construct a Profit Volume graph and also verify the same with the mathematical analysis.
Q.3 From the following particulars calculate material cost variance; material usage and material price variance:
Quantity of material purchased 3,000 units
Value of material purchased Rs. 9,000/-
Std. Quantity of materials required per tonne of finished product 25 units
Std. Rate of material Rs. 2/- per unit.
Opening stock of raw material NIL
Closing stock of raw material 500 units
Finished production during the period 80 tones
Q.4 (A) A company earned a profit of Rs30,000 during the year2007-08. If marginal cost
and selling price of the...