IGNOU BCOE 142 Solved Assignment 2024-25 English Medium PDF Download

IGNOU BCOE 142 Solved Assignment 2024-25 English Medium Question Paper

BCOE 142 : MANAGEMENT ACCOUNTING

Section – A
1) Define Management Accounting and briefly describe its objectives.
2) What are the essentials of establishment of sound system of Budgeting?
3) A company has decided to introduce a system of standard costing. What are the preliminaries to be considered before developing such a system? Explain.
4) Calculate Direct Material Cost Variance with the help of the following information:

5) “The profit is the product of the P/V ratio and the margin of safety.” Comment.

Section – B
6) XYZ Ltd. is manufacturing selling four types of products A, B, C and D. The sales mix and variable costs are as follows:

The fixed costs are 1,50,000 per month. Calculate break even point.
7) What do you understand by differential costing? How does it differ from managerial costing?
8) What is the need pricing decisions? Explain.
9) “Responsibility accounting is a responsibility set-up of management accounting.” Comment.
10) When conducting a social audit, what are the things must a company do.

Section – C
11) Distinguish between the following:
(a) Provision and Reserve
(b) Long term Budget and Short term Budget
(c) Variable Overhead Cost Variance and Fixed Overhead Cost Variance
(d) Cost plus pricing and Marks up pricing

12) Write short notes on the following:
(a) Cost Management
(b) Budget Manual
(c) Margin of Safety
(d) Inflation Accounting

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