Advanced Management Accounting Paper

q.1.a.  made a  mess  by  claculating  the  total variance  need to calculate  product  mix 

b. not  able to finish  

c.  perfect  solution  1 ,2  and  5  are commited fixed cost  3 and  4  are  discretionary  

d. perfectly  done   ignore the  values in circles  and  solve it  by the  values  given in  right hand  box simple  transportation problem 

paper was undoubtedly lenghty, fifteen min more would have ensured a good paper completion,
 

ans for Q1c??Q6c ??

infact just the final answers for all attempted questions would be appreciated.

q.1.c  1. commited 

2. commiteed 

3.  discretionary  

4.  discretionary  but  not  sure for this one 

5. committed 

qus 3 a it was a ig bouncer. due to this i leave it... rest of all qus i attempt......

answer of 4 a monopoly s.p. 350 competitive s.p. 230

can anyone share answer of 5(a) and 7 (b)

Q1d- Raam , fig in circle show delta ij,it means these cells r unallocated ones,therefore remaining cells r allocated cells.allocate the quantity without applying any method.and all circle figs r +ve hence it is optimum and unique solution.i think Q is just tricky...simulation Q is also good.LPP is gift.i found Assignment is most tricky and time taking..so i leave that Q.

5a-TP offer by Deptt Y 640-64-80=496

and in subparts 1 2 nd 3- TP will be variable cost + oppurtunity cost.First calculate optimum product mix by using ranking.

7a-calculate probablities of no. of days divided by 50. then calculate range....now it become a normal simulation Q.

this is what i done.hope correct hoga....

q.4.a answer are like this 

contribution  180000

per unit  contrbution  for monopoly   180000/1200=150

3/4  of variable means  variable  cost  is  1/4*150=37.5

monopoly  cost   =187.5  

assuming  that  varible cost is  same 

perfect market  contribution  per unit  is   :-   180000/6000=30+variable cost  37.5

target price  =67.5

i left  question    and  unable  to solve   q.1.b.  and infact  i mess with  q.1.a.  they ask  for  product wise  i did  it for mix   ...actually  i solve  q.1  in last  so  short of time 

5a-TP offer by Deptt Y 640-64-80=496

and in subparts 1 2 nd 3- TP will be variable cost + oppurtunity cost.First calculate optimum product mix by using ranking.

7a-calculate probablities of no. of days divided by 50. then calculate range....now it become a normal simulation Q.

this is what i done.hope correct hoga....

wellll   q.7.  i will get  16 out of it 

did  very well 

the  answer  are   1.  bep  =24000/1000=24

24  seats  of   vip  , 72  seats  of  middle  and  24  for lower 

b.   24000/1500=16...so   vip  32 seats   ,  32  seats  for middle  and  80 seats  of lower 

now  u  dnt  have  seat  in  vip  so  2  seat  to be  adjested  in middle  

so finally  it  comes   as   vip  30,  35 middle  and  80 for lower 

didnt start too well....was confused kya karu...!!

but did 2,then,4,5,6,7,1.

did 7(b),got round figures, bas duniya jeet gaya!! didnt feel like attempting remaining paper.

VIP,last line got 24,middle got 72. part b,vip,middle got 16,last line got 80.

Q4 a - transfer pricing ka kya aaya?? got something like 620.8 for (ii) and 496 for (i). not sure.

overall thik thak paper (cant say typical paper cos i dont know whats typical!!)

q.5.a 1. max transfer price y will pay is 640-180-64 2.a. opuurtnity loss 16000*30 + 4000*36+variable cost 240+256

b..   no  opurtuinty  loss  so   496

c.  30  *12000+496*5000

Q4a got different ans than @ raam singhania.

got contribution 180000,variable cost 240000. therefore sales=420000.

divided by 1200(monopoly) & 6000(prefect competition). got Rs350 and Rs70

hope rite hai!