Yashwantrao Chavan Maharashtra Open University ,Nashik

M.COM 2015 Sem - I

Home Assignment
COM 111 - Management accounting - I

1. 05 Marks
Sales 1,20,000
Variable Exp. 70,000
Contribution 50,000
Fixed Exp 25,000
Profit 25,000

Find out
1. BEP
2. PVR
3. If sales is 2,00,000 what is profit
4. If profit is 40,000 find out sales

2. Define management accounting. Explain the characteristics of

Management accounting. 05 Marks

3. State the limitations of financial accountancy. 05 Marks

4.
Balance sheet of company
Share 20,000 22,000 Fixed Asset 25,000 30,000
capital
Credit for 5,000 7,000 Goodwill 3,000 2,000

Bill payable 3,000 3,000

Total 28,000 32,000 Total 28,000 32,000

Fixed asset sold 4000 [ it’s cost price is 5000 ] prepare fixed assed A/c

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COM 112- Management Accounting - II

1. Prepare flexible budgets for 50% and 80% 100% capacities.

The expenses budgets for 50% capacity given below 05

Material 30,000
Direct wages 20,000
Selling exp [20% 10,000
fixed]
Management exp ( 5,000
fixed all )
2. Calculate PVR. 05

Sales Total Cost

200000 1,80,000
250000 2,20,000

3. What is budget? Explain in brief the types of budget according

to functions. 05

4. What is Revenue budget? Explain the components of revenue budget. 05

ACR 101- Advanced accounting- I

1. Write the journal entries in the books of transferor company in case of

Absorption Company. 05

2. What is the meaning of internal reconstruction? Why it is necessary? 05

3. Write the proforma of profit & lose A/C and balance sheet
of a Banking Co. 05

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 4. From the following accounting data related to 2014-2015. Prepare fire 05
Revenue Account.

Description RS.
Claims unpaid 1-4-2014 10,000
Claims unpaid 31-3-2015 25,000
Claims paid 1,60,000
Legal expenses related to claims 5,000
Premiums received 4,00,000
Re-insurance premiums 40,000
Commission 60,000
Management Expenses 85,000
Provisions for unexpired risk on 1,30,000
1-4-2014

ACG 102- Advanced Accounting- II

1. What is the meaning of Holding co. what are its advantages

and disadvantages 05
2. Explain the problems in HR Accounting in India. 05

3. Explain the various methods of valuation of good will. 05

4. What is the meaning of book value of a share? Illustrate how

it is calculated. 05

BEG 101 : Business Entrepreneurship- I

1. Discuss the main functions of an entrepreneur. 05

2. How an entrepreneur is different from a manager. 05

3. Write an essay on capacity building for entrepreneurship. 05

4. Discuss the limitation of EDPs. 05

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BEG 102 : Business Entrepreneurship- II
1. What is the impact of WTO on small enterprises & large enterprises? Explain. 05

2. Explain the need for entrepreneurship education in India. 05

3. Explain the functioning of the office of Development commissioner for MSME. 05

4. Explain the role of IDBI in development of entrepreneurship. 05

CAG101: Advanced Cost Accounting- I

1. What is “Cost Accounting “. State the Advantages of cost Accounting. 05

2. Prepare cost sheet 05

Stock (1 Jan )

Row material 10000

Work in progress 12000

Finished good 18000

Stock (31 Jan)

Raw material 15000

Work in progress 18000

Finished good 20000

Purchases 50000

Wages 20000

Factory overhead 28000

Office overhead 20000

Selling & Distri. overhead 15000

Income Tax 12000

Profit 20% on cost.

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Q.3 Discuss the disadvantages of continuous stock taking. 05

Q.4 A company was 10000units per year of an item costing 25 each. The cost of
processing a purchase order is 10 and the stock holding cost amount to 20% per year
of the money value of inventory. How much should the company buy at a time in a
single order, in order to minimize the inventory cost? 05

CAG102 : Advanced Cost Accounting - II

Q.1 Three workers X, Y, Z work in a factory they are paid wages on time mate basis. 05

X - Rs 45 per hours

Y - Rs 40 per hours

Z - Rs 50 per hours

In a week of the month in August 2015 they have worked for following hours.

X - 20 hours

Y - 24 hours

Z - 21 hours

Assume the factory pages dearness allowance of 250 per week to each worker. You are required

to calculate total wages payable to each worker for the week.

Q.2 How classification of overheads is done on the basis of elements of cost. 05

Q.3 Explain the terms overheads allocation and overheads apportionment by giving suitable
examples. 05

Q.4 Distinguish between actual mate of absorption of overheads and predetermined rate of
absorption of overheads. 05

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BFG 101 : Financial Markets and Financial Institutions in India- I
1. Explain the various money market instrument used in India. 05

2. Why Debt market is not well developed in India. 05

3. Explain the role of primary market and secondary market. 05

4. Discuss the need for maintenance of CRR cash reserve radio and SLR
Statutory liquidity Radio. 05

BFG 102 : Financial Markets and Financial Institutions in India- II

1. Discuss the problems of cooperative Bank in India 05

2. Distinguish between Development Financial Institutions and Commercial Banks

in India. 05

3. Explain the role of NABARD. 05

4. Discuss the prudential norms for housing companies in India. 05

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