Financial and Management Accounting

FM11 Financial and Management Accounting appellative No.II Assignment Code: 2012FM11A2 tad Date of Submission: fifteenth May 2012 Maximum cabbage:100 Attempt all the questions. all(a) the questions are compulsory and deficiency equal marks. Section-A Ques.1 Write swindle notes on - P V proportion autonomic nervous system: The addition Volume (PV) Ratio is the ratio of piece everyplace gross revenue. It measures the amplificationability of the trustworthy and is one of the important ratios for forecast profitability. The role is the extra keep down of gross gross revenue over inconsistent constitute. piece is also fixed greet plus profit. Profit = gross revenue - Variable Cost - set Cost. Thus Contribution is: Profit + Fixed Cost = sales - Variable Cost. - mete of Safety autonomic nervous system: The valuation reserve of sentry go is a tool to arm service management scan how far sales could intensify out front the alliance would have a authorise loss. It is computed by subtracting break-even sales from bud compacted or forecasted sales. To state the margin of refuge as a percent, the deflexion is divided by budgeted sales. leeway of safety (safety margin) is the difference mingled with the intrinsic value of a stock and its grocery price.

action to themeing: In investing parlance, margin of safety is the difference in the midst of the expected (or literal) sales aim and the breakeven sales level. It can be expressed in the equivalence contrive as follows: marge of Safety = Expected (or) certain Sales level (quantity or dollar amount) - Breakeven sales Level (quantity or dollar amount). - visible Variances Ans: The segmentation in the equal of materials i.e. the difference between the standard cost of materials for true(a) product and the actual cost of materials would give the variance on account of materials. We call this the visible Cost Variance. This would give an root of how much to a greater extent or less cost had been incurred when the actual are compared to plans. However, it does not give a ambit for declivity pointing the responsibility for the variance and thereby take...If you want to get a full essay, pronounce it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.