A small business owner is trying to decide how to allocate their marketing budget for the coming year for M/s Fresh Blossom. The company deals with selling flowers to the final customers. They have 50+ retail stores in major cities. The company specializes in imported flowers.
They have historically relied on traditional marketing methods, such as print ads in local newspapers and flyers distributed in the community. However, they’ve been hearing a lot about the benefits of digital marketing, and are considering shifting some of their marketing budgets to digital channels.
1. The owner wants to understand the interaction points of the Marketing and Consumer Funnel stages so that he can take appropriate decisions for the organization. (10 Marks)
2. Explain 6S Digital Marketing Implementation Strategy for Fresh Blossom. (10 Marks)
3. a. What are some of the key differences between traditional and digital marketing, and how might these differences impact the small business owner’s decision? (5 Marks)
3. b. What are the various social media platforms that you will use to promote Fresh Bloom? Explain the same with reasons. (5 Marks)
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Q 1: Bad gums may mean a bad mood. Researchers discovered that 85% of people who have suffered a bad mood had periodontal disease, an inflammation of the gums. Only 29% of healthy people have this disease. Suppose that in a certain community bad moods are quite rare, occurring with only 10% probability. If someone has periodontal disease, what is the probability that he or she will have a bad mood?
Note: Draw the tree diagram for the above problem. Handwritten tree diagram is prohibited.
Q 2: Using MS-EXCEL show the Regression model, consider ‘Instagram followers’ as dependent variable and ‘no f post per day’ as an independent variable.
Write the interpretation of EXCEL Tables.
Write the conclusion on the fitting of your model also.
No of followers
No of post per day
439
2
340
1
315
4
444
5
377
2
456
5
495
2
304
2
401
5
305
5
338
4
348
2
402
1
395
5
Q 3A): 1000 light bulbs with a mean life of 120 days are installed in a new factory and their length of life is normally distributed with standard deviation of 20 days.
If it is decided to replace all the bulbs together, what interval should be allowed between replacements if not more than 10% should expire before replacement?
Note: You are not supposed to use EXCEL or any other software to write this answer.
Q 3B): calculate the average age of migrants for both the categories of gender and write your interpretation.
Age group
Male
Female
0-4
98,34,738
91,27,975
5-9
1,09,59,506
99,58,059
10-14
1,24,25,108
1,14,51,227
15-19
1,26,83,733
1,65,18,666
20-24
1,31,97,283
3,36,58,466
25-29
1,30,45,214
3,75,22,017
30-34
1,21,34,009
3,42,86,096
35-39
1,20,60,030
3,30,54,887
40-44
1,09,00,143
2,72,61,236
45-49
97,04,026
2,34,47,716
50-54
79,40,152
1,78,42,986
55-59
61,61,754
1,51,92,910
60-64
54,01,736
1,43,47,372
65-69
36,87,082
1,01,41,196
70-74
26,62,421
70,33,728
75-79
13,41,572
34,93,001
80-85
14,61,296
42,53,695
Note: You are not supposed to use EXCEL or any other software to write this answer
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NMIMS MBA Decision Analysis & Modeling Solved Assignment
1. A company has three factories P1, P2, and P3 with capacity of 400, 300, and 300 units. It has four warehouses W1, W2, W3 and W4 with demand of 50, 150, 350 and 450 units. Cost per unit for transportation is given in the table below. Solve the following transportation problem to minimum cost. Find IFS by Least cost method (LCM) and transportation cost. This problem is part of the NMIMS MBA Decision Analysis & Modeling Solved Assignment.
2. Calculate EMV, EPPI, EVPI, EOL and determine which is the best course of action:
3. a Why we must do post optimality test in LPP (sensitivity Analysis)? (5 Marks)
b. In solving linear programming problem what are the use of slack variable, surplus variables, and artificial variables? (5 Marks)
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NMIMS MBA Customer Relationship Management Solved Assignment
1. You already have CRM software installed in your company and that is providing support to your existing CRM practices. However, your bigger worry is that there is a lot of technological development that is happening in the CRM market, which you need to integrate at your workplace. This is particularly relevant when working on your NMIMS MBA Customer Relationship Management Solved Assignment. How do you ensure that there is a systematic integration between the future of CRM, best practices and internal systems and processes? (10 Marks)
2. Your company manufactures air conditioners. You have products both for industrial markets, as well as consumer markets. However, this industry thrives on season and with plenty of players in the market, CRM really does not work is what the management thinks. Being the head of sales and marketing you feel differently and you understand that without CRM practices you would not even have a chance to forge a strong relationship in a highly fragmented marketplace. You have a meeting with the top leadership next week. Prepare a case favouring CRM? (10 Marks)
3. Ravi has started his own coaching centre for competitive exam preparations. Although he is hiring the best and the most competent people, with the best salary, he is not able to compete with the other players. The market is mostly unregulated with a large proportion of students visiting private coaching. Apart from that, the bigger players can scale easily. You feel that for your growth you need to approach a reference-based mechanism. More the references there is a higher chance that new students would enrol.
a. How will you create a system to build this? How will design the reward system? (5 marks)
b. What will be your evaluation criteria to measure the success of this initiative? (5 marks)
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NMIMS MBA Custom Shipping and Insurance Solved Assignment
1. Your company imported one consignment on 1st January 2022. The rate of duty of goods imported is 15%. Your company has kept the goods in the bonded stores for 6 months and went to clear the same in July 2022. At this time the rate of duty has increased to 20%. Your company insists on paying 15% duty which was prevailing at time of import and sought your advice on this. Please give the right advice to your company based on The Customs Act 1962. This scenario is part of the NMIMS MBA Custom Shipping and Insurance Solved Assignment.
2. Your company has imported one aluminium product from China after checking the rate of duty which was 20%. At the time of clearance customs has added anti-dumping duty 75% on your product. Your company got confused and asked your opinion whether this is correct. Kindly guide your company on anti-dumping duty.
3. You have joined a company as an Import Export Manager. The company is new and they seek your advice on the following:
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NMIMS MBA Cost & Management Accounting Solved Assignment
Question 1: Here is the NMIMS MBA Cost & Management Accounting Solved Assignment you need.
Office Products Ltd provides the Sales and the cost data for 60,000 units as given below. At full capacity the plant can produce 100,000 units
Sales Rs. 12, 00,000
Costs:
Variable:
Material Rs. 2, 40,000
Labour Rs. 3, 60,000
Overheads Rs. 1, 80,000
Fixed Cost Rs. 3, 20,000
Total Rs.11, 00,000
PROFIT Rs. 1, 00,000
Prepare the Income statement under marginal costing for production at 80,000 units. (10 marks)
Question 2:
Nikson Ltd provides the following information relating to the activities of a production department for the month of January 2023
Material Used Rs. 72,000
Direct wages Rs. 60,000
Machine hours 20,000 hours
Labour hours 24,000 hours
Overhead chargeable to the department Rs. 48,000
The relevant data for carrying out one order in the month of February is given below:
Material used Rs. 4,000
Direct Wages Rs. 3,300
Machine hours 1,200 hours
Labour hours 1,650 hours
Using the rates of the month of January, prepare a comprehensive statement of cost for this order by using the following absorption of overheads
1) Direct labour hours
2) Percentage of direct wages
3) Machine hour rate (10 marks)
Question 3a
Samsung Ltd. are the manufacturers of Television. The following are the details of a Product during the year 2022.
Ordering Cost Rs.50 per order
Inventory carrying cost 10% per annum
Cost of Product A is Rs. 500 per unit
Annual consumption of Product A is 5000 units.
Compute the Economic order quantity. What if the inventory maintained by the company is 200 units? (5 marks)
Question 3 (b)
New Corp Ltd. incurs fixed costs of Rs. 5, 00,000 per annum. The company produces a single product with annual sales budgeted to be 70,000 units at a sales price of Rs.300 per unit. Variable costs are Rs.280 per unit.
You are required to determine the breakeven point and explain the significance of breakeven point. (5 marks)
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1. Compute the NPV and IRR for project whose initial cost is 30,000 and cash inflows are 14000, 8200, 12000, 15000, 22000. Discount Rate is 10%. Cost of Capital if borrowed is 15%. Find the solution in the NMIMS MBA Corporate Finance Solved Assignment.
Show value of NPV at IRR as discount factor.
Based on the above calculations, should the project be considered? (10 Marks) –
2. Calculate the Cash Cycle using the following information. (Assume 360 days in a year).
Opening Balances
Raw Material
4,00,000
WIP
80,000
Finished Goods
6,00,000
Debtors
2,50,000
Creditors
5,60,000
Closing Balances
Raw Material
5,00,000
WIP
70,000
Finished Goods
7,25,000
Debtors
3,15,000
Creditors
6,25,000
Costs Incurred during the year
Manufacturing Costs
10,45,000
Excise Duty
8,50,000
Selling and Distribution Expenses
4,20,000
Admin. Overheads
3,00,000
Total Sales
4,20,00,500
Total Purchases
3,23,00,000
30% of sales are on credit and 80% of purchases are on credit (10 Marks) –
3. a. In the following balance sheet calculate the Current Ratio and the Acid Test Ratio –
3. b. Sanghvi & Sons P.Ltd. is a private limited company with almost 80% shareholding with the Sanghvi family. It has now a requirement of Rs. 400 crores for a project to be undertaken. Currently it has a debt-equity ratio of about 1.5:1. The management of the company feels that a ratio of up to 2:1 is acceptable. Discuss whether the company should fund its requirements by Debt or Equity and various considerations for the same. –
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1. Explain Motivation in Consumer Purchases. Taking Sony and Bose as examples of a Home Theatre System explain how what are the Rational and Emotional Motives for purchasing SONY or BOSE Home Theatre System. (10 Marks)
2. You want to purchase a washing machine. With reference to this explain what is Total Set, Awareness Set, Consideration Set, and Choice Set before making the final choice of the washing machine that you and your family desire to have/ own and use. (10 Marks)
3. Answer the following:
a. What is acculturation? Give 5 product or services that the Indian consumer has adopted for their regular consumption as a result of Acculturation. (5 Marks)
b. Fear and Optimism / Positivity drive consumer behaviour. Give 2 examples for fear and 2 examples of optimism / positivity has been used to drive customers to either buy certain products or stop them from buying certain products / services. (5 Marks)
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NMIMS MBA Commercial Banking System & Role of RBI Solved Assignment
1. Banking has changed radically over a period of 50 years starting from nationalization in 1969 of 14 private sector banks to privatization of banks in 1990s. Year 2014 resulted in setting of small Payments Banks in different parts of the country to a diametrically opposite step of mergers and consolidation of many weak public sector banks with a few large PSU banks in 2018/19. What have been the economic and financial compulsions/reasons for such changes in five decades? This overview of changes is essential for understanding the NMIMS MBA Commercial Banking System & Role of RBI Solved Assignment. (10 Marks)
2. Why banks are focusing more on shifting fund based lending to non-fund based lending? Explain different types of fund based and non-fund based lending activities. (10 Marks)
3. Commercial banks are known for providing array of services to customers, the conventional one being on liability side is time and demand liability products. This is a significant aspect that also ties into the NMIMS MBA Commercial Banking System & Role of RBI Solved Assignment key topics.
a. Distinguish between time and demand liabilities and their characteristics (5 Marks)
b. What are reasons for large financial institutions like Industrial Development Bank of India (IDBI) converting to commercial bank like IDBI Bank? Similarly, like Industrial Credit and Investment Corporation of India (ICICI) converted itself as ICICI Bank. The shift in these institutions can be better understood in the context of NMIMS MBA Commercial Banking System & Role of RBI Solved Assignment.
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1. A software development company is looking for an online ticketing tool to manage the service requests. They are looking for Software as a Service (SaaS) based tool for this requirement. The IT head is trying to understand the common challenges of SaaS model related to Cloud service provider going out of business, Internet and OS related limitations and Loss of control. Learning from an NMIMS MBA Cloud Computing Solved Assignment can certainly help understand the IT head about these SaaS challenges. (10 Marks)
2. Few educational institutes of a city are looking to migrate some of their services to the cloud for which they are thinking to create a community cloud. A community cloud is an integrated setup that combines the features and benefits of multiple clouds to address the needs of a specific industry. They have set up a forum to discuss the features of the community cloud. You as a consultant are expected to discuss features like Cost-effectiveness, Regulatory compliance, Industry-based security requirements, High availability and more control and prepare a report on the same. Describe key points of your report on the features of the community cloud. (10 Marks)
3. ProTech is a company providing Project Management related tools to different organizations. As their business volume is going up their management is thinking about utilizing the existing hardware or using some new technology to provide support to maximum clients. Their CTO suggests two options to achieve the same.
a. ProTech can use hypervisors so that they can use same set of hardware for multiple services. What are hypervisors? Explain Type-1 and Type-2 hypervisors (5 Marks)
b. ProTech can move to cloud solutions. Every cloud solution comes with some cyber risk. Describe 3 types of threats related to cyber risks. (5 Marks)
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NMIMS Capital Market and Portfolio Management Solved Assignment
1. Suppose you have Rs. 100000/- & interested to invest in financial assets. Which factors you should keep in mind while investing in financial assets? (10 Marks) When considering NMIMS MBA Capital Market and Portfolio Management Solved Assignment, various factors must be taken into account.
2. Suppose there are two stocks in the market, namely stock A & stock B. whichever stock will give maximum return investor will invest in that stock. For this purpose, investor needs to measure the return from the asset. What is the different measuring return? (10 Marks) Understanding methods in NMIMS MBA Capital Market and Portfolio Management Solved Assignment is essential for measuring return.
3. a. Mr. A wants to buy some stocks, but he is confused because he doesn’t know how to measure the risk. He wants your suggestion for risk measurement, please suggest. (5 Marks) For measuring risk in NMIMS MBA Capital Market and Portfolio Management Solved Assignment, Mr. A should consider different risk metrics.
3. b. If you are planning to invest in mutual fund so you must know the risk involved in it. Highlight three to four risk that everyone needs to know. (5 Marks) Evaluating mutual funds involves considerations found in NMIMS MBA Capital Market and Portfolio Management Solved Assignment.
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1. Free Consent is an important essential element of a valid contract. Explain what is Free Consent and the instances under which Free Consent in an agreement would be affected. Please provide examples for each of such instance to help with your NMIMS MBA Business Law Solved Assignment. (10 Marks)
2. Please highlight two (2) instances where the courts in India have intervened to protect environment or prevent degradation/pollution of environment. Kindly note that the instances should be real life cases, which are often included in NMIMS MBA Business Law assignments. (10 Marks)
3. Gaurav is a new joinee in an organization and he has certain queries with respect to employee related laws. He has been directed to reach out to you with the queries. Kindly advise him:
a. As the organization deducts Provident Fund from the salary, can you please explain applicability of the schemes under Provident Fund and how is the calculation and apportionment of the Provident Fund done against various schemes? This is crucial for your NMIMS MBA Business Law Solved Assignment. (5 Marks)
b. Who is entitled for Gratuity and how is the payout of gratuity calculated? (5 Marks)
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1. Demand forecasting is not a speculative exercise into the unknown. It is essentially a reasonable judgement of future probabilities of the market events based on scientific background. Explain the statement by elaborating any 3 methods each from qualitative and quantitative methods of demand forecasting. (10 Marks) This is often discussed in NMIMS MBA Business Economics Solved Assignment guides.
2. Law of Demand drives the economy and helps business decisions that meet consumer needs. Demand is the consumers’ desire and willingness to pay for a product or service at a given price and time. Enumerate any five factors each from individual and market demand. (10 Marks) These factors are crucial in NMIMS MBA Business Economics Solved Assignments for understanding practical applications.
3. a. “The Law of Diminishing Marginal Utility plays an important role in the economy. It directly relates to the consumption and production of goods.” In context with the given statement enumerate Law of Diminishing Marginal Utility with its assumptions. (5 Marks) Understanding this concept is vital for completing NMIMS MBA Business Economics Solved Assignments.
b. Calculate Marginal Utility and Average Utility from the information given in the below table: (5 Marks) These calculations are common in NMIMS MBA Business Economics Solved Assignment tasks.
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1. Mr. James Steven is the Sr Manager in an established IT company. He works with a core team of 20 and at most times communicated through written verbal communication. He intends to sound persuasive while he communicates with his team and he wants them to feel equal at all times. For his NMIMS MBA Business Communication Solved Assignment, he needs to ensure his strategies are effective.
Which are the steps of writing messages that he should keep in mind while drafting messages to be sent to his team. Define strategies of writing persuasive messages? (10 Marks)
2. Define what is a Report and a Proposal. Define the sections of report writing explain each in detail. (10 Marks)
3. a. How can social media impact communication in business? What are the strategies for Business Communication through Social Network? (5 Marks)
b. You are planning to switch your job and are in the process of applying to another company. What is a job market? What are the points of an organization and job opportunity will you consider while in the process of applying for the job? (5 Marks)
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NMIMS Business – Ethics, Governance & Risk Solved Assignment
1. What is the ethical principle that underpins risk management concept and how does a listed company’s board manage enterprise risk? For your NMIMS MBA Business – Ethics, Governance & Risk Solved Assignment, explain with the help of an example from the annual report of any ONE listed co (from NSE top 500 companies by market capitalization) the key initiative taken by the selected company in FY2021-22 to manage ONE financial risk and ONE non-financial risk. (10 Marks)
2. From the Sustainability Report (FY2021-22 or 2022-23) OR Business Responsibility & Sustainability Report (FY2021-22 or 2022-23 Annual report) of any one listed company from across the globe, select any ONE Carbon Emission reduction initiative adopted and practiced by the company. Explain the initiative in your own words and analyze if it is effective/outcome driven or not, if yes provide quantitative proof for the same. (No diagram/graphic or table required). (10 Marks)
3. a. ‘Professionals such as doctors, accountants and lawyers have a charter/framework of code of conduct, duties and obligations that other people do not.’ Why is that so? Present your point of view with its supporting arguments/reasons. (Two points of view/reasons with explanation is good enough) (5 Marks) Use these questions to prepare your NMIMS MBA Business – Ethics, Governance & Risk Solved Assignment effectively.
3. b. Choose any one ethical principle from the below list and with the help of a day-to-day work place process or practice showcase how your company/ any company delivers/ does not deliver on the chosen ethical principle. List of ethical principles: Transparency, Fairness, Responsiveness, Dignity. (5 Marks)
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Mr. Sharma is planning to launch a new health and wellness app that will provide users with customized workout and nutrition plans based on their individual needs and preferences. As the brand manager, you have been tasked with developing a brand identity for the app
1. What are the various types of brand elements that you would suggest for the health and wellness app? (10 Marks)
2. What are the criteria for selecting appropriate brand elements that will resonate with the target audience and communicate the app’s key benefits? (10 Marks)
3. M/s Man Machine Company is a new player in the market that deals in high-quality men’s grooming products, including shaving kits, beard oils, and aftershaves. The company is committed to using natural ingredients in their products to ensure that their customers are getting the best quality grooming experience. However, they are struggling to differentiate themselves from established competitors in the market.
a. As a consultant, explain four steps to develop a strong brand for Man Machine Company. (5 Marks)
b. Also, cover various positioning approaches for Man Machine Company and suggest the one that fits the brand (5 Marks)
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Q.1 You are a senior auditor of LENA Bank Ltd. Please explain the different types of risk associated in the Indian banking sector. (10 Marks)
Q.2 You are a director of Meta Pvt Ltd. You have recently crossed the turnover of Rs. 1 crore. Now you are required to appoint tax auditor. Please write down who can audit the accounts under the Income Tax Act to present in the board meeting? To assist you better, consider our NMIMS MBA Audit – II Solved Assignment as a comprehensive resource. (10 Marks)
Q.3 You are representative of ABC & Co Chartered accountant.
a) Newly elected members of local body in Pune district have approached you to attend the meeting. You are required prepare the list of objectives of an audit of local bodies? Referring to the NMIMS MBA Audit – II Solved Assignment might be useful. (5 Marks)
b) Rise Pvt Ltd is emerging company it has recently crossed the basic turnover limit for Tax Audit. You need to write down to Rise Pvt Ltd the reasons for conducting Tax Audits? Utilizing the insights from the NMIMS MBA Audit – II Solved Assignment may provide a clear understanding. (5 Marks)
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NMIMS MBA Advanced Supply Chain Management Solved Assignment
1. You are appointed as head of Global Sourcing. You realize, your organization is carrying out complex global sourcing initiatives, but they are not adequately supported with equally thorough network design. Discuss the factors you would consider designing a global supply chain in the context of your NMIMS MBA Advanced Supply Chain Management Solved Assignment. Give some industry examples where it was successfully adopted. (10 Marks)
2. IT plays a major role in supply chain management in speeding up business processes and preventing bottlenecks. Organizations may have to determine what kind of strategies should be formulated, when to be formulated and how to be formulated for successful IT adoption. Discuss the strategic management framework for IT adoption with relevant examples. (10 Marks)
3. You are the manager of a store that sells historical replicas. Given below are the past sales for the last 5 years.
Year 2018 2019 2020 2021 2022
Sales 4000 6000 5000 3000 7000
a. Forecast sales for 2023 using a 3-period moving average. (5 Marks)
b. Discuss the time-related factors that you will consider in the analysis of a time series. (5 Marks)
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NMIMS MBATaxation- Direct and Indirect Solved Assignment
Q1. How does the implementation of Goods and Services Tax (GST) resonate with the concept of ‘one nation, one tax’, and what are its implications for businesses and consumers in simplifying the indirect tax system of the country? This question is part of the NMIMS MBA Taxation- Direct and Indirect Solved Assignment. (10 Marks)
Q2. The following are the particulars of income of Ms. Sushmita for the previous year ended 31st March 2023. She is employed in a private institution.
1. Basic Salary Rs.9000 p.m.
2. Bonus equal to 2 months’ salary
3. Tiffin allowance Rs. 150 p.m.
4. Entertainment allowances Rs. 120 pm
5. Employee’s contribution to RPF @ 15% of salary.
6. Employer’s contribution to RPF @ 15% of the salary.
7. Interest credited to the provident fund @ 9.5% p.a is Rs. 5600
8. She is provided with free lunch in office. The cost per meal is Rs. 30.
9. The employer has given her a small car which she uses for personal as well as official purpose. She meets the expenses of the car which is used for personal purposes.
Compute her income from salary for the assessment year 2023-24. (10 Marks)
Q3.
a) How does the Income Tax Act of 1961 elaborate on the criteria and conditions that determine the residential status of an individual for the purposes of taxation within India? (5 Marks)
b) Considering the case of Mr. Potter, a foreign national, who arrived in India for the first time on June 15, 2017. Over the financial years 2017-18, 2018-19, 2019-20, 2020-21, 2021-22 and 2022-23 he spent 120 days, 115 days, 15 days, 191 days, 124 days, and 80 days in India, respectively. Determine Mr. Potter’s residential status for the Assessment Year 2023-2024. (5 Marks)
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NMIMS MBA Strategic Cost Management Solved Assignment
1) ABC Ltd. produces 3 products A, B & C. The following data is available for the year ended 31st March 2023. This information will be useful for those looking for the NMIMS MBA Strategic Cost Management Solved Assignment.
Product A
Product B
Product C
Production Qty (Units)
4,000
3,000
1,600
Total Machine hours for production
60
30
20
Resources Per Unit –
Direct Material (Kgs)
4
6
3
Direct Labour (Mins)
30
45
60
Cost of Labour is Rs. 10 per hour and material cost Rs. 2/kg. Production Overheads (Fixed) were Rs. 99,450. ABC Ltd. used Traditional Costing method and absorbed the Overheads to products based on Labour hour rate. It is now considering to adopt Activity Based Costing method. The following information was digged out and analysed by the Cost Accountant.
Overheads were comprised of the following: Material Handling Rs. 29,100, Storage Costs Rs. 31,200 and Power Cost Rs. 39,150. Further the area occupied for storage of materials was in the ratio of 2:1:3.
Prepare Cost sheet showing Unit cost and Total cost of each product using both Traditional Costing and ABC methodology. (10 marks)
2) Sitaram Ltd. is an ice cream manufacturer company. Its current revenue is Rs. 650,000 a month and a 40% contribution margin. Its fixed costs are Rs. 200,000. Ghanshyam Ltd. is another player in the ice cream business with a current sales of Rs. 420,000 and a 30% contribution margin. Its fixed costs are Rs. 90,000.
a) What is the margin of safety for Sitaram and Ghanshyam Ltd? Compare the margin of safety in value between the two companies. Which is stronger?
b) Compare the margin of safety in percentage between the two companies. Now which one is stronger?
c) Prepare a budget for both companies showing their estimated profit at the current levels and at 75% of the current capacity. State your observations with respect to the Profit/Loss levels in both situations and their relation to Margin of Safety percentage. (10 marks)
a) Precision Limited is motor manufacturer. The company currently produces three different models of motors. It also produces all the blades of the motors as it requires. The requirement is of 3 different blades for each motor model (i.e. 9 different blades).
Precision Limited received a proposal from a supplier who wants to sell the company blades for the motors line. The supplier would charge Rs. 25 per blade, regardless of blade type.
For the next year the Company has projected the costs of its own blade production as follows (based on projected volume of 10,000 units):
Direct materials Rs. 75,000
Direct labour Rs. 65,000
Variable overhead Rs. 55,000
Fixed overhead
Factory supervision Rs. 35,000
Other fixed cost Rs. 65,000
Total production costs Rs. 2,95,000
Assume:
(1) The equipment utilized to produce the blades has no alternative use and no market value,
(2) The space occupied by blade production will remain idle if the company purchases rather than makes the blades, and
(3) Factory supervision costs reflects the salary of a production supervisor who would be dismissed from the firm if blade production is ceased.
Determine the net profit or loss if the blades are purchased rather than manufactured. (5 marks)
b) Priya Motors is planning to coming up with a new electric car. The promotor of the company has been conducting research in this field on and off for the past 2 years. The approximate amount spent on the R&D till date is Rs. 2 lacs. The cost of production of the vehicle is estimated to be Rs. 3 lacs. Marketing and promotional expenses are to the tune of Rs. 50,000. Based on prior experience, car has a after sales service expenses of Rs. 25,000 on an average during its life time. Being an electric car the cost is estimated lower at Rs. 20,000. If the company wants to earn a profit margin of Rs. 40,000 per car, at what price should Priya Motors price it? (Time value of money is ignored)
What is the approach used for costing the car? Considering the stage of the product, what should be the considerations for spending on the following costs:
We provide NMIMS for all courses, such as MBA, BBA, B.Com, and EMBA, all subjects solved assignments for all semesters.
We offer both General and Customized projects. Please be sure to hurry for quality assignments.
Harsha Morey, an esteemed academic writing professional, has over 24 years of experience crafting customized, plagiarism-free assignments and capstone projects across various disciplines.
