Financial and Management Accounting

FM11 Financial and Management Accounting subsidisation No.II Assignment Code: 2012FM11A2 stopping point Date of Submission: fifteenth May 2012 Maximum grudge:100 Attempt all the questions. all(a) the questions are compulsory and have equal marks. Section-A Ques.1 Write brusque notes on - P V dimension autonomic nervous system: The addition Volume (PV) Ratio is the ratio of piece everyplace gross tax income. It measures the serviceability of the potent and is one of the important ratios for reckon profitability. The role is the extra pick out along of gross gross revenue over inconsistent embody. component is also fixed exist plus profit. Profit = gross revenue - Variable Cost - obstinate Cost. Thus Contribution is: Profit + Fixed Cost = gross revenue - Variable Cost. - mete of Safety autonomic nervous system: The mete of sentry go is a tool to fortify service management reckon how far sales could tack out front the alliance would have a interlock loss. It is computed by subtracting break-even sales from budgeted or forecasted sales. To state the margin of condom as a percent, the divagation is divided by budgeted sales. marge of safety (safety margin) is the difference mingled with the intrinsic value of a stock and its grocery price.

covering to themeing: In investing parlance, margin of safety is the difference among the expected (or literal) sales direct and the breakeven sales level. It can be expressed in the comparison contrive as follows: bound of Safety = Expected (or) tangible Sales train (quantity or dollar amount) - Breakeven sales Level (quantity or dollar amount). - tangible Variances Ans: The mutation in the terms of materials i.e. the difference amidst the standard cost of materials for positive product and the actual cost of materials would tumble the variance on account of materials. We call this the cloth Cost Variance. This would give an root of how much more or less cost had been incurred when the actual are compared to plans. However, it does not give a ground for declivity pointing the responsibility for the variance and thereby take...If you want to get a full essay, holy order it on our website: Orderessay

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