Yup, I didn't want to get into the numbers, as you need to factor in angle of the fork etc... But simplifying a little... (you made a slight error in taking the diameter+fork A2C, so you counting something twice)
Generally speaking: In my experience the difference in diameter between good tyre options for 29 and 27.5 is closer to 2cm.
So changing a 275er to mullet: the number affecting the axle is simply the radius (so 1cm higher), and the stack + BB are affected by the radius of the wheel + fork A2C*sin(angle), but let's massively simplify and use the wheel diameter = 2cm.
So without changing travel upfront: Axle goes up 1 cm, stack 2cm, BB (roughly 1/3 of stack increase) 2/3cm == 7mm (which is quite a lot), and your head angle will slacken at least 1degree.
This is why most people would reduce travel on the fork 1cm, to roughly halve those numbers: still get the high axle benefit in full, and a reasonable stack + head angle bump in the right direction, BB increase of 3mm can be compensated with shock tune (less sag, more progression)
Changing just the rear on a 29er to mullet: Rear axle goes down 1cm (not sure any benefit to this), BB goes down 2/3 so again roughly 7mm (again this is a lot), stack virtually unchanged 2-3mm, head angle very minorly impacted.
So if you have an older 27.5 bike and you want to give it a bit of a new life, the change could work well (I'm considering it), especially to get a fairly slacker head angle and improved grip from the bigger tyre up front.
But if you have a 29er frame, other than increased rock strikes the change will not be too dramatic (ony exception I can think of is unless a high BB is what you are trying to resolve, e.g. 1st gen enduro 29 could benefit from this)