NMIMS Solved Assignment Cost & Management Accounting June 2026

NMIMS Solved Assignment Cost & Management Accounting June 2026 :  [Unique]
NMIMS Solved Assignment Cost & Management Accounting June 2026 :

NMIMS Centre for Distance and Online Education (NCDOE)
Course: Cost & Management Accounting
Internal Assignment Applicable for June 2026 Examination

Assignment Marks: 20
Instructions
PLEASE NOTE: This assignment is application based, you have to apply what you have
learnt in this subject into real life scenario. You will find most of the information through
internet search and the remaining from your common sense. None of the answers appear
directly in the textbook chapters but are based on the content in the chapter
NMIMS Centre for Distance and Online Education (NCDOE)
Course: Cost & Management Accounting

l All Questions carry equal marks
l All Questions are compulsory
l All answers to be explained in not more than 1000 words for question Q1 and for question Q2(A)
and Q2(B) in not more than 500 words for each subsection. Use relevant examples, illustrations as
far as possible
l All answers to be written individually. Discussion and group work is not advisable.
l Students are free to refer to any books/reference material/website/internet for attempting their
assignments, but are not allowed to copy the matter as it is from the source of reference.
l Students should write the assignment in their own words. Copying of assignments from other
students is not allowed
l Students should follow the following parameter for answering the assignment questions
Q1 A home appliance manufacturing company is preparing a cost sheet to analyze the
production cost of its newly launched electric kettles. During the month of April
2026, the company produced 5,000 units.
The following cost information is available:
Particulars Amount (Rs.)
Direct Materials 3,00,000
Direct Labour 2,00,000
Direct Expenses 50,000
Factory Rent 60,000
Factory Power & Fuel 40,000
Office and Administrative Expenses 70,000
Selling & Distribution Expenses 80,000
The company desires a profit of 20% on Cost.
Required:
a) Prepare a Cost Sheet showing:
– Prime Cost
– Factory Cost
– Cost of Production
– Total Cost (Cost of Sales)
b) Calculate the Selling Price per Unit if profit is 20% on total cost.
(10 Marks)
Q2 (A) A fast-growing electric scooter company has recently expanded production due to
increasing demand. However, the CEO notices that despite higher sales, overall
profitability is not improving significantly. The finance team suggests implementing
budgeting, variance analysis, and performance reports to better understand cost
behavior and operational efficiency.
Question:
Explain how Management Accounting techniques can help the company improve
planning, cost control, and strategic decision-making in this situation. Support your
explanation with relevant examples.
(5 Marks)
Q2 (B) A consumer electronics company producing Bluetooth headphones reported different
profit figures under Marginal Costing and Absorption Costing during the same
financial period. The finance manager observed that production was higher than sales,
resulting in unsold inventory at the end of the period.
The management wants to understand why profit figures differ under the two costing
methods.
Question:
Explain how Marginal Costing and Absorption Costing treat fixed manufacturing
overheads differently, and how this difference leads to variation in reported profit
when production exceeds sales.
(5 Marks)