The stock in hand of material as on 1st September was 500 units at Rs. 10 per unit. The following purchases and issues were subsequently made. Prepare the Stores Ledger Account showing how the value of the issues would be recorded under FIFO method. Purchases 6th Sept. 100 units at Rs. 11 20th Sept. 700 …
Cost & Management Accounting Practical Problems & Solutions Read More »
1) Calculate Quartile Deviation from the following Earnings (Rs) Number of Persons 25 25 26 70 27 210 28 275 29 430 30 550 31 340 32 130 33 90 34 55 35 25 SOLUTION: Quartile Deviation (QD) is a measure of the spread or dispersion of a data set, specifically focusing on the middle …
NMIMS Decision Science Assignment solution for April 2025 Read More »
1. The Mumbai Municipal Corporation (MMC) is planning a large-scale renovation of the Chhatrapati Shivaji Maharaj Terminus (CSMT) railway station. To ensure the project’s success, the MMC decides to hire an external contractor with expertise in historical restoration and modern infrastructure. What key factors should the MMC consider when evaluating the bids received in response …
NMIMS Business Communication Assignment Solution for April 2025 Read More »
Q1. Prepare final accounts from the following balances -Trial Balance as on 31.03.2024 Addition information: • The closing inventory as on 31.03.2024 was valued at Rs. 3,68,500. • Depreciation on plant @ 15% and on Building @ 10%. • Outstanding printing and stationery expense Rs. 5000. • Prepaid advertisement expense Rs. 15000. (10 Marks) ANSWER …
NMIMS Financial Accounting Assignment Solution April 2025 Read More »
Q1. Dr. Rohit Mahajan, a promising young researcher, has secured a prestigious research grant. However, claiming the funds requires navigating a complex bureaucratic maze within the university administration. Long forms, unclear procedures, and seemingly endless approvals threaten to delay his crucial project. In light of this case, what principles of bureaucratic managements must Rohit consider? …
Management Theory and Practice – Question & Answer Read More »
Transitioning from an offline retail store to an online brand can be a significant shift, but with the right strategies, you can effectively establish your presence and capture the online market. Here’s a step-by-step approach to building your online brand: By implementing these strategies systematically and consistently, you can establish a strong online brand presence …
Services Marketing | NMIMS Internal Assignment Applicable for June 2024 Examination Read More »
“Business should provide Goods and Services in a manner that is sustainable and safe”. Prepare an executive summary (in your own words) to showcase how the company is delivering on this principle 2 of the National Guidelines on Responsible Business Conduct (NGRBC) from the Business Responsibility and Sustainability Report 2022-23 (BRSR) of a company of …
With the following information, calculate Degree of Operating, Financial and Total Leverage. Sharma & Co. had a sales of Rs. 25, 00,000 in their jewellery making business. That year they sold 15,000 units. The cost of production was as follows: Raw Material 450000 Labour 750000 Factory Overheads Fixed 120000 Variable 85000 Further the company incurred …
NMIMS Assignment – Corporate Finance for April 2024 Read More »
•Q2. Anika is working in “Footon ltd Company” that manufactures formal and informal shoes for both men and women. It is observed that for the last few years, the sales figures are fluctuating and there are no vivid reason for the same. Anika’s manager have asked her to prepare a short notes on the importance …
Demand Forecasting – NMIMS Assignment Solution for April 2024 Read More »
Q3.a)Draw an appropriate chart for the following. Also, write your clarification for choosing that graph. For each variable identify a time-series component present if you consider the long-term pattern. Table: Production of Commercial crops. (Source: RBI) Q3.b) Write the sampling plan for the following study. Also write, what is recommended according to you, census survey …
NMIMS Assignment Solution of Decision Science for the April 2024 Examination Read More »
