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Tuesday, 19 September 2017

Strategic Cost Management- December 2017 Solved Assignments

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Internal Assignment Applicable for December 2017 Examination
Strategic Cost Management
1. XYZ is considering a Project with an initial investment of Rs.100,000. Three probable cash flow scenarios with their probabilities of occurrence are as under:
Annual Cash Flow (Rs.)                20,000                  30,000                  40,000
Probability                                        0.1                          0.7                          0.2
Project life is 5 years with expected return of 20%. The expected terminal values associated with each of above probabilities are Rs.0, Rs.20,000 & Rs.30,000.
Find the probable NPV.

2. An M&A expert has been hired to explain to the management of a sick company the symptoms that are normally seen before a company qualifies for being referred to as a BFIR candidate. You being a freshly appointed Management Trainee are required to present a small write up, briefly explaining those early symptoms.

3. a) From the following particulars, calculate: Material Cost Variance & Material Price Variance
Quantity of materials purchased                                                                             3000 units
Value of materials purchased                                                                                    Rs.9000
Standard quantity of materials required per tonne of output                    30 units
Standard rate of material                                                                                            Rs.2.5 per unit
Opening stock of materials                                                                                        nil
Closing stock of materials                                                                                           500 units
Output during the period                                                                                            80 tonnes

3. b) Calculate Labour Yield Variance from the following data:
Standard Output 500 units
Actual Output 450 units
Standard Time 1000 hrs
Standard Rate Rs.20 per hour
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