14589 14589 14589 14589 14589 14589 14589 14589 14589

14589 Roll No.

14589 14589 14589 14589 14589 Total14589
No. of Pages
14589 : 03 14589

Total No. of Questions : 09

BBA (2012 & Onward Batches)
14589 14589 14589 14589 14589 14589 14589 14589 14589
BRDM(2014 Batch)
Bachelor in Service Industry Management (SIM)(2014 Batch)
(Sem.–3)
14589 14589 14589 14589 COST ACCOUNTING
14589 14589 14589 14589 14589

Subject Code :BBA-303

Paper ID : [C1166]

m
14589 14589 14589 14589 14589 14589 14589 14589 14589
Time : 3 Hrs. Max. Marks : 60

INSTRUCTION TO CANDIDATES :
o
1. SECTION-A

.r c
14589 14589 14589 is COMPULSORY
14589 consisting
14589 of TEN
14589questions14589
carrying T WO marks
14589 14589
each.

14589
2.
3.
14589 14589 14589
e 14589 14589

o
14589 m
SECTIONS-B consists of FOUR Sub-sections : Units-I, II, III & IV.
Each Sub-section contains T WO questions each, carrying T EN marks each.

p
14589 14589

.r c
4. Student has to attempt any ONE question from each Sub -section.

p a SECTION-A

r e
14589 14589 14589 14589 14589 14589 14589 14589 14589

14589
1.

14589
b
Write briefly :

(a) Define
14589 Costing. 14589 14589

a p
14589 14589 14589 14589

14589 14589
(b) Define Management Accounting.
14589
(c) Idle Time.
14589

b
14589 rp14589 14589 14589 14589

(d) Labour Tournover.

14589 14589 14589 14589 14589 14589 14589 14589 14589

(e) P/V ratio.

14589 14589
(f) Margin
14589
of Safety.14589 14589 14589 14589 14589 14589

(g) Standard Costing

14589 14589 (h) Ratio.

14589 14589 14589 14589 14589 14589 14589

(i) Financial Statement.

14589 14589 14589 14589 14589 14589 14589 14589 14589
(j) Cash Flow.

14589 1 | M-70624
14589 14589 14589 14589 14589 14589 (S12)-1214
14589 14589

14589 14589 14589 14589 14589 14589 14589 14589 14589

14589 14589 14589 14589 14589 14589 14589 14589 14589

SECTION-B
14589 14589 14589 14589 14589 14589 14589 14589 14589

UNIT-I
2. Discuss the various material issue pricing methods.
14589 14589 14589 14589 14589 14589 14589 14589 14589
3. Calculate EOQ and no. of orders to be placed and total Cost of EOQ by applying formula
from the following particulars.
14589 14589 (i) Annual
14589 requirement of raw materials
14589 14589 60,000 units
14589 14589 14589 14589

(ii) Ordering cost per order Rs. 600

(iii) Opportunity cost 14589
(cost of capital) of Investment Rs. 1 per unit14589

m
14589 14589 14589 14589 14589 14589 14589

o
(iv) Cost of deterioration, taxes, Insurance, Supervision cost Rs. 1 per unit.

.r c
14589 14589 14589 14589
UNIT-II
14589 14589 14589 14589 14589

4. Distinguish between Allocation, Apportionment and Absorption of overheads.

14589
5.
14589 14589
e
The sales turnover and Profit during two years were as follows :

p
14589 14589 14589

o m
14589 14589 14589

a .r c
Year Sales (Rs) Profit (Rs)
2009 1,50,000 20,000
14589 14589
2010 14589

r p 1,70,000
14589 14589
25,000
14589

e
14589 14589 14589

b
You are required to calculate :

14589 14589
(i) P/V Ratio
14589 14589 14589

a p
14589 14589 14589 14589

rp
(ii) Breakeven Point

b
(iii) Sales required to earn profit of Rs. 40,000
14589 14589 14589 14589 14589 14589 14589 14589 14589
(iv) Profit made when sales are Rs. 2,50,000
(v) Margin of Safety at a profit of Rs. 50,000
14589 14589 14589 14589 14589 14589 14589 14589 14589
(vi) Variable costs of the two periods.

UNIT-III
14589 14589 14589 14589 14589 14589 14589 14589 14589
6. What is a reconciliation statement? Give reasons for the difference in Profit as per Cost
Accounts and Financial Accounts.

14589 7.
14589 From the following particulars
14589 14589 find out
14589: 14589 14589 14589 14589

(i) Material Price Variances

14589 14589
(ii) Material
14589
Usage Variances
14589 14589 14589 14589 14589 14589

(iii) Material Cost Variances

14589 2 | M-70624
14589 14589 14589 14589 14589 14589 (S12)-1214
14589 14589

14589 14589 14589 14589 14589 14589 14589 14589 14589

14589 14589 14589 14589 14589 14589 14589 14589 14589

Quantity of material purchased 3000 units

14589 14589 14589 14589 14589 14589 14589 14589 14589

Value of material purchased Rs. 9000

Standard Quantity of material required per tonne of finished product 25 units
14589 14589 14589 14589 14589 14589 14589 14589 14589
Standard rate of material Rs. 2 per units

Opening stock of material Nil

14589 14589 14589 14589 14589 14589 14589 14589 14589
Closing stock of material 500 units
Finished Production during the year 80 tonnes

m
14589 14589 14589 14589 14589 14589 14589 14589 14589
UNIT-IV
8.
o
Discuss the different techniques of financial analysis.

.r c
14589 14589 14589 14589 14589 14589 14589 14589 14589
9. Using the following data complete the Balance sheet below :

14589 14589 14589

Gross Profit
p
(20 % of14589e
sales) 14589
Rs.
14589
60,000
o m
14589 14589 14589

Share holder equity

p a 50,000
.r c
Credit 14589

r
sales to total sales

e
80%
14589 14589 14589 14589 14589 14589 14589 14589

14589 14589 Inventory b

Total Assets turnover sales / Total Assess

14589turnover (to cost of sales) 14589

14589

a p
3 times
8 times
14589 14589 14589 14589

14589 14589
Average collection period 360 days a year
Current14589
ratio 14589

Long term Debt to Equity b

14589 rp 18 days
1:6
14589

40%
14589 14589 14589

14589 14589 14589 14589

Balance
14589
Sheet 14589 14589 14589 14589

Creditors Cash
Long term debt Debtors
14589 14589 14589 14589 14589 14589 14589 14589 14589
Share holder equity Inventory
Fixed asset

14589 14589 14589 14589 14589 14589 14589 14589 14589

14589 14589 14589 14589 14589 14589 14589 14589 14589

14589 3 | M-70624
14589 14589 14589 14589 14589 14589 (S12)-1214
14589 14589

14589 14589 14589 14589 14589 14589 14589 14589 14589