MS04 Accounting and Finance for Managers Solution 2019



IGNOU Solved Assignments 2019

Looking MS04 IGNOU Solution? Yes, you can download ignou this solution instantly after paypal payment. Buy now or buy complete set and enjoy complete ignou sample paper.

Buy MS04 IGNOU Solved Assignments 2019 from You can also Buy complete 1st semester ignou solved assignments set @Rs. 1000/- and get FREE previous year question solution.

1. Why are Accounting Practices Standardised? What progress has been made regarding Standardization of Accounting Practices in India?
2. What do you understand by the term Working Capital? Why is it required in a business and how do you determine the requirement of Working Capital in a Business?
3. You are required to compute all Variances for ABC Ltd. The company is producing a single product for which the standard cost data per unit of output is as given below:
Direct Material 20 Kg @ Rs 10 per kg
Direct Labour 12 hours at Rs 5.50 per hour
Variable Overheads 12 hours at Rs 10 per hour
Fixed Overheads Rs. 9,00,000 per month based on a normal volume of 60,000 direct labour hours
Selling Price Rs 600 per unit
The costs incurred and other relevant information for the month of November 2018 are as under.
Direct Material used 1,00,000 Kg at a cost of Rs. 10,50,000
Direct Wages Paid Rs 3,10,000 for 62,000 hours worked
Overheads Rs. 15,26,000 out of which a sum of Rs. 9,40,000 is fixed.
Actual Output Rs. 4,800 units sold for Rs. 28,32,000.
Assume no stocks of work-in-progress or finished goods at the beginning or at the end of the month.
4. XYZ Ltd. is planning to invest 20,000 crore in a project which is expected to generate Cash Flow, over the next ten years, as follows.

The WACC of the project is 10%. Compute the NPV and IRR of the Project. You are supposed to advise XYZ Ltd on the basis of your findings whether it should accept or reject the project under consideration.
5. Discuss the purpose of dividend policy. What are the different types of dividend policies? Describe the factors that affect dividend decisions.