Rolt No. 4. ; 12005 MBA 2 Yr. 1st Semester (CBCS) Examination - December, 2018 ACCOUNTING FOR MANAGERS Paper: 161MG2IC5 ‘Time: Three Hours ] [Maximum Marks :80 ‘Bieri th puts, dats our ta hyve ren supe the cota compte question per. No comp (his, eerie fer extn, Note: Section-A is compulsory ancl attempt one question from each Unit in Section’B. All questions will camry equal matks secTiON-a 1, Beplain briefly (answer fo each question should not exceed 50 words normaly): pS em of counting 120052. 850(P-710-9418) P.T.0.A Difeencebaswcen DPS and ES (W-Ditorence between Net profit and Operating profit ratio we ov Capital cost (g) Scope of management accounting, 2. Explain ‘Depreciation Accounting is a process of allocation and not valuation’. Elaborate deprecation accounting stright line and diminishing value methods with suitable examples Croton ee dosing bse et of [M/S Dhal International Lid forthe yea ended March 31,2018 Debit Balances Opening Stock 1 20052,350/7-710.9118) Re, Credit Balances 12600 Capitat $5000 See (2) 000 1010 Carag om Duty and Clering Saleen ile Reena oe Ssationary nereton Bink 1005-2. 50(7-710-9118) 500 Porches Retna 000 7500 Poviion for Budi 200 12 Bank Loan 2000 10 810 Sundry Crore nso 50 Rent Rav a0 2800, 10400 aon 2a a0 13300 (3) P.O,Propare Trading and Profit and Loss Account for the year ended Maren 31, 2018 and Balance Sheet as on that date after taking. into account the following information (@) The stock on March ‘3, 2018 was valued. at Rs. 26800, ©) The proprietor had taken away goods worth Ks. $3000 tor personal use. This has not heen recorded in books. (©. Depreciate Machinery at 20% (a) Provision for Bad Debts required is Rs 1500, (©) Provide for Manager's Commission at 10% on the net profit after charging such commission. unir—1 Do ToOperingSieck HSH. By Sales ssa ToD 545250 By Cling Stok 148,000 005.230.070.918) (4) Totncidenalexperes 16250 999008 om Topetingese: Seling Ditton 10M By Gao ot sano Adounisratve expenses 1S)090 By commission recived 3060 ranceeperes| 18000 By pot on se of 6000 eras Tone profit 0000 348,000, 349.000 Balance Sheet as on 3-03-2018 ese Capt land Buiing 50000 2wweqaty stresor KS 2UNULN Fam Mcrnery MUAY Roses oo Sk som CComenttabiies 120000 Sunde Dabs 79m PaLare 00 Cash and ak nsw 4x00 sana 2005235040. 710.0K18) (5) PTO.fo rom the above statement, you are required to calenlate the following ratios and state the purpose they serve (2) Curtent ratio (0) Liguid ratio (©) Operating ratio (@) Stock mover ratio (e) Retr om tts resources (© Tumover of fixed assets 5, Write down the important provisions related te preparation ot sn slow staremén suputated Uy Accounting Standard (AS) 3. unit —a 6. Cost may be classified ina variety of ways according to their nature and information needs of the management. Explain rroos2ssoe-7109K18) (8) Fe What is meant by "Economic order Quantity’ ? What are the various costs which affect economic order quantity? univ 8. Define "budget" and budgetary contro. Discuss the objectives and limitations of budgetary contol in an organization? BL cv ier 2080 unite pram ling pce is Ra 12per un. rime cost Re pr unit. Vara overheads are R62 per unit. Fined eat R60 Cael () P/V Rat) Brakeven Pia Margin ot ate 2005 P-HO-SKI) (7)