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  • Project On Cost Analysis': Nmims, Bangalore PGDM Tim 2 - 2019 Cost & Management Accounting Project

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    This document outlines the requirements for a cost and management accounting project. Students must: 1) Select a competitor company and identify their main cost objects which contribute to 75% of revenue, whether products or services. 2) Analyze the costing methods used and their benefits. Determine the best costing method for each main cost object. 3) Identify the variable, fixed, direct, and indirect costs of both companies over the past 3 years. Compare the costs and analyze each company's cost strategy and benefits. Students must submit a PDF by the deadline following formatting guidelines, including cover page, table of contents, analysis by section, and financials in annexures. Late or incorrectly formatted

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    This document outlines the requirements for a cost and management accounting project. Students must: 1) Select a competitor company and identify their main cost objects which contribute to 75% of revenue, whether products or services. 2) Analyze the costing methods used and their benefits. Determine the best costing method for each main cost object. 3) Identify the variable, fixed, direct, and indirect costs of both companies over the past 3 years. Compare the costs and analyze each company's cost strategy and benefits. Students must submit a PDF by the deadline following formatting guidelines, including cover page, table of contents, analysis by section, and financials in annexures. Late or incorrectly formatted

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    © All Rights Reserved
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    11 views1 page

    Project On Cost Analysis': Nmims, Bangalore PGDM Tim 2 - 2019 Cost & Management Accounting Project

    Uploaded by

    Saurabh Singh
    This document outlines the requirements for a cost and management accounting project. Students must: 1) Select a competitor company and identify their main cost objects which contribute to 75% of revenue, whether products or services. 2) Analyze the costing methods used and their benefits. Determine the best costing method for each main cost object. 3) Identify the variable, fixed, direct, and indirect costs of both companies over the past 3 years. Compare the costs and analyze each company's cost strategy and benefits. Students must submit a PDF by the deadline following formatting guidelines, including cover page, table of contents, analysis by section, and financials in annexures. Late or incorrectly formatted

    Copyright:

    © All Rights Reserved
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    of 1

    NMIMS, BANGALORE

    PGDM Tim 2 | 2019 Cost & Management Accounting Project

    Project on ‘Cost Analysis’

    A. Project
    Division wise groups and company allocation is attached. Select one competitor company.

    B. Requirements
    (1) Cost Objects:
    a. Identify the main Cost Objects (CO) of the Companies.
    b. Mention whether they are Products and/ or Services.
    c. Main COs must be those which contribute of 75% or more of the revenue, but listed
    separately.
    (2) Costing method, Cost Objects:
    a. Besides main, what other CO could the companies be using? How do they help in
    managing costs & analyzing profits (max 50 words)
    b. What method of costing is best for each of main CO? Give reasons (max 50 words)
    (3) Costs identification and analysis (use latest 3 years financial information for both companies):
    a. Identify the Variable, Fixed, Direct and Indirect costs for each company. Present in
    the form a table comparing both companies.
    b. What cost strategy is each company using? How does it benefit it? Quantitative and
    qualitative analysis in not more than 100 words.

    C. Submission:
    (1) Only PDF file name: PGDM_CMA2019_Project_(Group No.). Group No. is A4, B2, C6 etc.
    (2) File organization
    a. Cover page: Institute, Course, Year, Project name, Division and Group Number, Full
    names with registration numbers group members; and Company-Competitor-Industry
    description.
    b. First page: Table of contents.
    c. Rest of the pages: Section wise (refer B above)
    (3) Financial information, comparisons should be in Annexures. Their summary/ synopsis/
    snapshot with cross references to be included in the main document.
    (4) Headers on all pages: project name, month & year
    (5) Footer on all pages: (a) page numbering as ‘1 of 2’ etc.; and (b) group no
    (6) Font/ Spacing: (a) Times New Roman; (b) Size 12; (c) 1.5

    D. Mode of Submission and Due date (NO ZIP FILE):


    (1) Submission mode: e-mail to Professor at srini_mantri@hotmail.com
    (2) Every group to submit separately and not through class representatives.
    (3) Discussions with Professor – respective group head may please message on mobile or e-mail
    to schedule a call.
    (4) Submission deadline
    a) By 10 November, 2019, on or before 7pm.
    b) Late submission:
    i. 0.5 marks deduction for every group member for delay of 6 hours or part thereof
    up to 24 hours (i.e. 2 marks for 24 hours).
    ii. Beyond 24 hours will not be accepted. No rejection mail will be sent.
    (5) 1 mark deduction for each student for not following format and mode of submission.

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