Cost And Management Accounting Question Paper of 3rd Semester BBA Download Previous Years Question Paper 2

Roll No.

Total No. of Questions : 07

BBA  (Sem.–3rd)

COST AND MANAGEMENT ACCOUNTING

Subject Code : BB-303

Paper ID : [C1166]

Time : 3 Hrs.

INSTRUCTION TO CANDIDATES :

1. Section –A, is Compulsory.

2. Attempt any four questions from Section-B.

Section –A

Q.1 (a) Define financial Accounting            (b) define overhead

(c) Define budget                                    (d) production budget

(e) centibution                                        (f) material control

(g) labour control                                   (h) cash flow statements

(i) margin of safety                                (j) plv ratio

SECTION-B

UNIT I

Q.2 Distrguish between financial accounting and cost Accounting.

Q.3

 Raw material conserved                                                              R. 15000

Direct labour charges                                                                              R.9000

machine hours worked                                                                 R.900

Machine hour rate                                                                          R.5

Administrative overheads 20-1 of works wst sellry over heads     R.50 per

Units produced                                                                                      R.17100

Units sold                                                                 R.16000 at  4 per unit

You are relived to prepare a cost sheet from above, slowing

(a) the cost of production per unit

(b) profit per unit sold and profit for the Reviod.

UNIT II

Q.4 What are the important areas of management decisions opened up by application of marginal  costing technique? Explain.

or

Q.5 Calculate direct labour hour rate from the following:

Total No of workers 100: working days in a year 300: No of hours per day worked short and  Idle time 5% : fourty overheads rs.11400 Gift to werkers rs. 1000.

UNIT III

Q.6 Define budget and budgeting control, state the salient features of budgeting control.

or

Q.7 Data relating to a job are this :

Standard rats of wages per hour rs. 10

Actual rate of wages per hour rs. 12

Standard hours 300

Actual hours 200

You are required to calculate :-

(i) Labour cost Variance (ii) Labour rate Variance

(iii) Labour efficiency Variance.

UNIT IV

Q.8 Define cash flow statement What are its uses :

or

Q.9 Given :-

Current ratio                  2.5

riquid ratio           1.5

working capital    rs.60000

calculate

(a) current liabilities       (b) current assist

(c) liquid assist               (d) stock.