NMIMS Solution Dec 2021 Cost Management Accounting

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GET SOLVED ASSIGNMENTS Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD. Mail us at: palaniappanmail@gmail.com CALL– 9025810064 WHATSAPP AVAILABLE Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD. has 15 years of teaching experience

in

MBA

Business

schools.

Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD

For

last

fifteen

years

has taught various subjects

from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies. Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and

international

has

appreciated

Prof.Dr.N.Palaniappan.,MBA.,

MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching. You can call him on his mobile no. 09025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guide for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com. He does help/guide for the below question Cost & Management Accounting 1. Three partners choose to go the start-up way. They run a chain of Pet Spa across Mumbai and Pune. For the accounting year 2022, their business observes


increasing prices for materials. Hence, while preparing their financial statements, the three partners had varying objectives behind the method they should adopt for pricing the materials. Objective I: The partners wished to hypothecate inventory and take a loan. Hence, a higher pricing of ending inventory in the business’ balance sheet would be desirable. Objective II: The partners would wish to attract lower taxes on the business’ profit and hence a lower profit before tax would be desirable. Discuss in brief any five material pricing methods that businesses may adopt. Identify the pricing methods that would achieve objectives I and II. 2. Mr. Sharma, founder of Pioma Plastics desires to increase the profit of the business in the coming year. He calls for a meeting with the managerial-level personnel and explains them that the selling price of their product is based on the prevailing market prices of their competitors. He seeks their advice on whether they should work backward on optimizing their costs by determining a standard cost for each of the components. Explain the process of standard costing to the founder as one of the managerial-level personnel. Would following standard costing help the founder in increasing the profit of the business? 3. Futuristic was a newly setup firm in 2019. It is in the business of providing artwork. However, being in the business of standard art objects (non-essential items), it did not do well once it was hit by COVID-19. It has a selling price of ₹2,500 per piece and a variable cost of ₹1,000 per piece. It incurs an annual fixed cost of ₹30,00,000. a. The manager of the business wishes to know-


 the number of art pieces they must sell to be at the break-even point  the contribution margin  whether the firm is earning a profit or incurring a loss by selling 2,100 art pieces b. To combat the current difficult situation, the manager plans to curb the variable expenses and bring them to ₹500 per piece. Compute the new break-even point and contribution margin. Analyze and explain the movement in contribution margin to the manager. Contact: Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD Mail ID: palaniappanmail@gmail.com MBA Assignment Help and MBA Project Help Ph: - 9025810064 (whatsapp available) NMIMS plagiarism Free assignments Dec 2021 NMIMS customize assignment Dec 2021 NMIMS assignment DEC 2021 Narsee monjee assignments DEC 2021 NMIMS 2nd year Assignment answer Sheet Dec 2021 NMIMS Dec 2021 2nd Year Customized Assignment NMIMS Assignment Solution Dec 2021 NMIMS Second year Assignment solved Dec 2021 NMIMS Assignment solved Solution Dec 2021


NMIMS Assignment Solved Dec 2021 NMIMS Assignment Solved Assignment December 2021 NMIMS Assignment Help December 2021 NMIMS Assignment Answer sheet Dec 2021 NMIMS Assignment Solution Dec 2021 NMIMS Assignment Answer Sheet Dec 2021 NMIMS Assignment Help NMIMS Second year Assignment NMIMS First year assignment Solved NMIMS Solved Assignment NMIMS Customized Assignment NMIMS Assignment Answer Sheet NMIMS Assignment Solution NMIMS Project Help NMIMS Assignment Help NMIMS 2nd year Assignment answer Sheet NMIMS 1st year Assignment answer Sheet NMIMS Second year Assignment solved NMIMS First year Assignment solved NMIMS Solved Second year Assignment Dec 2021 NMIMS Solved First year Assignment Dec 2021


NMIMS Solved Assignment Answer sheet Dec 2021 NMIMS Assignment Question Dec 2021


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