1. Discuss the interlinkages between some of the new management techniques such as TQM, JIT and Activity Based Costing, with the conceptual foundations of Management Control Systems.
2. Select any Organization of your choice and study in detail whether Responsibility Centers are essential for that Organization or not? If you think the Responsibility Centers are essential describe how the Organization should go about it.
3. A Fertilizer company has given the following budget expense for the production of 10,000 bags of a particular product.
| Per unit | |
| Direct materials | Rs. 60 |
| Direct labour | 30 |
| Variable overheads | 25 |
| Fixed overheads (Rs. 1,50,000) | 15 |
| Variable expenses (direct) | 05 |
| Selling expenses (10% fixed) | 15 |
| Administrative expenses (Rs. 50,000 rigid for all levels of production) |
05 |
| Distribution expenses (20% fixed) | 05 |
| Total cost of sale per unit | 160 |
Prepare a budget for production of 6,000; 7,000 and 8,000 bags, showing distinctly marginal cost and total cost.
4. Explain as to how a service organization is different from that of a manufacturing organization? Do these differences affect the control system design of these organization? If yes how.
5. Study the Brooke Bond (India) Ltd case given in Block – 5 and answer the questions given at the end of the case.
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