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The practical question answers for the M.COM December 2023 term-end examination of IGNOU of SEMESTER 1

MASTER OF COMMERCE (M. COM.) Term-End Examination  December, 2023 MCO-05: ACCOUNTING FOR MANAGERIAL    DECISIONS QUESTION NO 4 (a) and (b)                   Ashok Manufacturing Company Ltd. manufactures two products X and Y. In making both these products, same material is used. The supply of material is limited. The data corresponding to these two products are as follows:   Products X Y Selling Price/unit Variable Cost/unit Per unit material consumption (in kg) 300 200 8 200 120 5 Assign profitability ranks to the product X and Y keeping in view the limited availability of raw material . (b) Given: Particular Amount( ₹) Selling Price Variable Cost/unit Fixed cost 15 9 60,000 Find out: (i) P/V (Profit and Volume Ratio) and BEP (Break-Even Point) (ii) If the compan...