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043987
COMMERCE
Paper No. BCH-214 : Cost Accounting
Time : 4 hours 30 minutes Full Marks : 70
Instructions :
(i) The Question Paper contains 08 questions out of which you are required to
answer any 04 questions. The question paper is of 70 Marks with each
question carrying 17·5 Marks.
àíZnÌ _| 8 àíZ ny±N>o J`o h¢ {OZ_| go 4 àíZm| H$m CÎma XoZm h¡& àíZnÌ 70 A§H$m| H$m
h¡, {Og_| àË`oH$ àíZ 17·5 A§H$ H$m h¡&
(ii) The total duration of the examination will be 4·30 Hours (Four Hours and
Thirty Minutes), which includes the time for downloading the question
paper from the portal, writing the answers by hand and uploading the
hand-written answer sheets on the portal.
narjm H$m Hw$b g_` 4·30 K§Q>o H$m h¡ {Og_| àíZnÌ H$mo nmoQ>b
© go S>mCZbmoS> H$aHo$ nwZ…
àíZm| H$m hñV{b{IV CÎma nmoQ>©b na AnbmoS> H$aZm h¡&
(iii) For the students with benchmark disability as per Persons with Disability
Act, the total duration of examination shall be 6 Hours (Six Hours) to
complete the examination process, which includes the time for downloading
the question paper from the portal, writing the answers by hand and
uploading the hand-written answer sheets on the portal.
{Xã`m§J N>mÌm| Ho$ {b`o narjm H$m g_` 6 K§Q>o {ZYm©[aV h¡ {Og_| àíZnÌ H$mo nmoQ>©b go
S>mCZbmoS> H$aZm Ed§ hñV{b{IV CÎma H$mo nmoQ>©b na AnbmoS> H$aZm h¡&
(iv) Answers should be hand-written on plain white A4 size paper using black or
blue pen. Each question can be answered in up to 350 words on 3 (Three)
plain A4 size paper (only one side to be used).
àíZm| H$m hñV{b{IV CÎma gmXo g\o$X A4 gmBO Ho$ nÞo na H$mbo AWdm Zrbo H$b_ go
{bIm hmoZm Mm{h`o& àË`oH$ àíZ H$m CÎma 350 eãXm| VH$ VrZ gmXo n¥ð> A4 gmBO _| hmoZm
Mm{h`o& àíZm| Ho$ CÎma Ho$ {bE Ho$db EH$ Va\$ Ho$ n¥ð> H$m hr Cn`moJ {H$`m OmZm Mm{h`o&
D1(451) (Continued)
(2)
(v) Answers to each question should start from a fresh page. All pages are
required to be numbered. You should write your Course Name, Semester,
Examination Roll Number, Paper Code, Paper Title, Date and Time of
Examination on the first sheet used for answers.
àË`oH$ àíZ H$m CÎma Z`o n¥ð> go ewê$ H$aZm h¡& g^r n¥ð>m| H$mo n¥ð>m§{H$V H$aZm h¡& N>mÌ H$mo
àW_ n¥ð> na àíZnÌ H$m {df`, go_ño Q>a, narjm AZwH«$_m§H$, àíZnÌ H$moS>, àíZnÌ H$m
erf©H$, {XZm§H$ Ed§ g_` {bIZm h¡&
Q.1. (a) In an enterprise, material is used in every week as follows :
EH$ CnH«$_ _| gm_J«r àË`oH$ gámh _| {ZåZ àH$ma à`moJ _| bm`r OmVr h¡ :
Normal usage (gm_mÝ` _mÌm) 300 units
Minimum usage (Ý`yZV_ _mÌm) 150 units
Maximum usage (A{YH$V_ _mÌm) 450 units
Re-order quantity (nwZ…AmXoe _mÌm) 1800 units
Re-order period units (nwZ…AmXoe Ad{Y) 4 to 6 weeks
Determine the following :
{ZåZ H$m {ZYm©aU H$s{OE :
(i) Re-order level
nwZ…AmXoe ñVa
(ii) Minimum level
Ý`yZV_ ñVa
(iii) Maximum level
A{YH$V_ ñVa
(iv) Average level.
Am¡gV ñVa&
(b) Prepare a Stores Ledger Account from the following information as per
LIFO Method for March, 2021 :
{ZåZ gyMZmAm| go _mM©, 2021 Ho$ {bE {b\$mo {d{Y Ûmam ñQ>moa boOa ImVm ~ZmBE :
Receipts (àm{á`m±)—
March 01 200 units @ Rs 2 per unit
March 12 130 units @ Rs 3 per unit
March 16 560 units @ Rs 2·50 per unit
D1(451) (Continued)
(3)
Issues ({ZJ©_Z)—
March 4 125 units
March 14 175 units
March 18 90 units
On 20th March, 10 units issued on 14th March were returned by the
department. On 30th March, a difference of 12 units was found as per
physical verification.
20 _mM© H$mo 10 BH$mB© Omo 14 _mM© H$mo {ZJ©{_V H$s J`r Wr {d^mJ Ûmam ñQ>moa H$mo dmng H$a Xr
JB©& 30 _mM© H$mo 12 BH$mB`m| H$m AÝVa ñQ>m°H$ {ZarjU Ho$ Xm¡amZ nm`m J`m&
Q.2. From the following particulars, prepare Statement of Cost showing profit :
{ZåZ{b{IV {ddaU _| go bm^ {XImVo hþE bmJV {ddaU V¡`ma H$s{OE :
Rs (é0)
Stock (ñQ>mH° $) as on 01.04.2020—
Raw materials (H$ƒr gm_J«r) 50,000
Work-in-progress (Mmby H$m`©) 52,000
Finished stock ({Z{_©V _mb) 32,000
Stock (ñQ>mH° $) as on 31.03.2021—
Raw materials (H$ƒr gm_J«r) 26,000
Work-in-progress (Mmby H$m`©) 60,100
Finished stock ({Z{_©V _mb) 25,600
Purchase of raw materials (H$ƒr gm_J«r H$m H«$`) 2,10,000
Direct wages (àË`j _OXÿar) 1,66,000
Factory expenses (H$maImZm ì``) 81,200
Selling and distribution expenses ({dH«$` Ed {dVaU ì``) 8,600
Transfer to sinking fund to replace machinery 11,000
(_erZ H$s à{VñWmnZm Ho$ {bE qgqH$J H$mof _| ñWmZmÝVaU)
Dividend paid (bm^m§e {X`m) 18,000
Office expenses (H$m`m©b` ì``) 25,000
Income tax paid (Am`H$a H$m ^wJVmZ) 15,000
Sales tax paid ({~H«$` H$a H$m ^wJVmZ) 10,000
Goodwill written-off (»`m{V H$m AnboIZ) 12,000
Sale of finished goods ({Z{_©V _mb H$s {~H«$s) 5,80,000
Sale of scrap (Adeof ~oMm) 4,100
D1(451) (Continued)
(4)
Q.3. The product of a company passes through three distinct processes X , Y and
Z . From past experience, it is ascertained that wastage incurred in each
process are as follows :
EH$ H$ånZr H$m CËnmXZ nyU© hmoZo VH$ VrZ n¥WH²$ à{H«$`mAm| go hmoH$a JwOaVm h¡, dh h¢
X , Y Ed§ Z . {dJV AZw^d go `h kmV h¡ {H$ àË`oH$ à{H«$`m _| j` {ZåZ àH$ma
hmoVm h¡ :
Process X (à{H«$`m X ) 2%
Process Y (à{H«$`m Y ) 5%
Process Z (à{H«$`m Z ) 10%
EH$ H$ånZr H$s nwñVH$m| go {b`o J`o 31 _mM©, 2021 H$mo g_má df© Ho$ EH$ R>oHo$ go
gå~pÝYV {ZåZ{b{IV {ddaUm| go R>oH$m ImVm V¡`ma H$s{OE& ~VmBE, {H$VZr am{e bm^-hm{Z
ImVm _| bo OmZr Mm{hE VWm Am{W©H$ {MÆ>o Ho$ {bE Mmby H$m`© H$m _yë` Š`m hmoJm :
Rs (é0)
Materials issued ({ZJ©{_V gm_J«r) 72,000
Wages (_OXÿar) 40,000
Plant (ßbmÊQ>) 60,000
Supervisor’s salary ({ZarjH$ H$m doVZ) 6,000
Sundry expenses (\w$Q>H$a ì``) 17,200
Additional information—
A{V[aº$ gyMZmE±—
(i) The work of the contract commenced on 01–10–2020.
R>oHo$ na H$m`© 01–10–2020 H$mo àmaå^ hþAm&
(ii) The wages of the workers for a week and salary of the Supervisor for a
month were due on 31–03–2021.
31–03–2021 H$mo EH$ gámh H$s _OXÿar VWm EH$ _mh H$m {ZarjH$ H$m doVZ
~mH$s Wm&
(iii) The company writes-off depreciation on plant @ 10% per annum.
H$ånZr, g§`§Ì na 10% à{Vdf© H$s Xa go õmg H$mQ>Vr h¡&
(iv) The value of materials at site on 31–03–2021 was Rs 3,400.
31–03–2021 H$mo R>oH$m ñWb na gm_J«r H$m _yë` 3,400 é0 Wm&
(v) The contract price was Rs 2,00,000, 4/5 of which was completed but
only Rs 1,20,000 was certified by the Engineer. So far, Rs 90,000 has
been paid on account.
R>oH$m _yë` 2,00,000 é0 Wm, {OgH$m 4/5 H$m`© nyU© hmo MwH$m Wm {H$ÝVw B§Or{Z`a
Ûmam 1,20,000 é0 H$m H$m`© à_m{UV hþAm Wm {Og_| go 90,000 é0 ZJX àmá hmo
MwH$m Wm&
Q.5. Explain the meaning of the following :
{ZåZ{b{IV H$m AW© g_PmBE :
(a) Shut-down cost
H$m_-~ÝX bmJV
D1(451) (Continued)
(6)