Cost And Management Accounting Question Paper of 3rd Semester BBA Download Previous Years Question Paper 10

Roll No.

Total No. of Questions : 07

BBA (Sem.–3rd)

COST AND MANAGEMENT ACCOUNTING

Subject Code : BB-303

Paper ID : [C0215]

Time : 3 Hrs.

INSTRUCTION TO CANDIDATES :

1. SECTION-A is COMPULSORY consisting of TEN questions carrying

TWO marks each.

2. SECTION-B contains SIX questions carrying TEN marks each and students has to attempt any FOUR questions.

Section –A

Q.1.

a) PLU Ratio

b) Margin of safety

c) Cost

d) Types of budget

e) Variance

f) Tender

g) BEP

h) Overhead

i) Contribution

j) Material Control

SECTION- B

Q.2. “Cost accounting has come to be an essential tool of the management. Comment.

Q.3. Discus the ned of re-contribution of cost and financial accounts.

Q.4. Discus briefly the objectives and limitation of budgetary control.

Q.5. When volume is 300 units. Average cost is Rs. 4 per unit. When volume 400 units average cost is Rs. 3.50. The Break- even point is 500 units, Find the profit volume ratio.

Q.6. A Manufacturing concern which has adopted standard costing furnishes the following       

        information.

Standard                                                                             Actual

Material 70kg finished product for 10 kg input       out put 2100 kg

Price of material   Rs. 1 kg                                       material used 2800 kg

                                                                                  Costing material

                                                                                  Rs. 25200

Calculate     (a) Material usage variance

(b) Material Price variance

(c) Material cost variance.

Q7. From the folowing balance sheet of Mr. Dinesh, Prepare cash flow statement.

 Liabilities                     2013           2014           Assets                   2013           2014

                                      (Rs.)            (Rs.)                                        (Rs.)           (Rs.)

Capital                           70000         58000        Land & Building  60000          54000

Sundry creditors           1000            9000           plant                    20000         15000

Bills Payable                14000          12000         Stock                   1000           1200

Outstanding expenses  1000             1000          debtor cash          7000           4500

                                     95000         80000                                      1000           800

                                                                                                         6000           4500

                                                                                                        95000          80000

Other Information’s

(i) There was neither any drainers Nor capital additions.

(i) There was neither any sale nor any purchase of land & Building and Plant.